Pension Integration

Pension Integration
Author: United States. General Accounting Office
Publisher:
Total Pages: 36
Release: 1986
Genre: Defined benefit pension plans
ISBN:

Defined Benefit Pensions

Defined Benefit Pensions
Author: Barbara D. Bovbjerg
Publisher: DIANE Publishing
Total Pages: 65
Release: 2010-02
Genre: Law
ISBN: 1437914667

The number of private defined benefit (DB) pension plans, an important source of retirement income for millions of Americans, has declined substantially over the past two decades. Although this decline has been concentrated among smaller plans, there is a concern that large DB plans covering many participants have modified, reduced, or otherwise frozen plan benefits in recent years. This report examines: (1) what changes employers have made to their pension and benefit offerings, including to their DB contribution plans and health offerings over the last 10 years or so; and (2) what changes employers might make with respect to their pensions in the future, and how these changes might be influenced by changes in pension law and other factors. Illus.

Defined Benefit Answer Book

Defined Benefit Answer Book
Author: G. Neff McGhie, III
Publisher: Aspen Publishers
Total Pages: 0
Release: 2016-12-05
Genre: Defined benefit pension plans
ISBN: 9781454872948

The Seventh Edition of Defined Benefit Answer Book provides expert guidance on the complex rules governing defined benefit pension plans. In this comprehensive resource, you are guided, step by step, through the maze of factors that must be considered when designing and administering these plans. Among the crucial questions answered are: Does a company's financial stability affect plan design? Can plans be designed to provide enhanced benefits to key employees? Are there ways of establishing hours of service without counting actual hours? Can a defined benefit plan be designed so that there is no discrimination testing each year? Can a defined benefit plan be designed to primarily benefit the key employees? Are there any advantages to having a defined contribution plan and a defined benefit plan together, and how are they administered? What must an employer do to satisfy minimum funding requirements after PPA? What restrictions are imposed if a plan is considered underfunded after PPA? What distribution election forms must be provided to a participant? How can a QDRO be prepared for a defined benefit plan? How are maximum benefit limitations determined under a plan? How are benefits calculated and converted to alternate forms of payment? How does the funding of a plan affect benefit distributions? What administrative issues must be considered for a plan that is covered by the Pension Benefit Guaranty Corporation? How are cash balance plans similar and different from traditional defined benefit plans? And much more

Pension Finance

Pension Finance
Author: M. Barton Waring
Publisher: John Wiley & Sons
Total Pages: 336
Release: 2011-09-13
Genre: Business & Economics
ISBN: 1118138341

Pension plans around the world are in a state of crisis. U.S. plans alone are facing a total accrued liability funding deficit of almost $4 trillion (of the same order of magnitude as the federal debt), a potential financial catastrophe that ranks among the largest ever seen. It has become clear that many government, corporate, and multi-employer pension sponsors will not be able to cope with this crippling debt and may default on promised benefits. And many of those sponsors that might be able to cope are exasperated by continuous, ongoing negative surprises-large unexpected deficits and higher-than-expected required contributions and pension expense-and are choosing to terminate their plans. But it need not be so. Pension Finance: Putting the Risks and Costs of Defined Benefit Plans Back under Your Control walks the reader through the conventional actuarial and accounting approaches to financing pension benefits and investing plan assets, showing that the problems described happen as a natural consequence of the dated methods still in use. It shows in detail how modern methods based on market value will easily minimize these risks: Pension plans can in fact be comfortable for employers to sponsor and safe for employees to contribute todepend on for their retirement needs. This book is must-read for defined benefit pension plan sponsors and employee representatives, plan executives, board members, accountants, fund managers, consultants, and regulators., Research sponsored by the CFA Institute, this book demystifies pension finance, previously accessible only to actuaries. It teaches the topic in lay terms by drawing complete analogies to ordinary transactions such as paying off a mortgage or saving for college. Armed with this book, anyone comfortable with finance and investments in any other context can be comfortable with pension finance and pension investment policy. And further armed with a handheld financial calculator, any layperson can quickly estimate the contributions needed to keep a given plan comfortably solvent, giving them a powerful tool for oversight.

The Construction Chart Book

The Construction Chart Book
Author: CPWR--The Center for Construction Research and Training
Publisher: Cpwr - The Center for Construction Research and Training
Total Pages: 160
Release: 2008
Genre: Business & Economics
ISBN:

The Construction Chart Book presents the most complete data available on all facets of the U.S. construction industry: economic, demographic, employment/income, education/training, and safety and health issues. The book presents this information in a series of 50 topics, each with a description of the subject matter and corresponding charts and graphs. The contents of The Construction Chart Book are relevant to owners, contractors, unions, workers, and other organizations affiliated with the construction industry, such as health providers and workers compensation insurance companies, as well as researchers, economists, trainers, safety and health professionals, and industry observers.

Pension Plan Complexity

Pension Plan Complexity
Author: United States. Congress. Senate. Committee on Finance. Subcommittee on Private Retirement Plans and Oversight of the Internal Revenue Service
Publisher:
Total Pages: 344
Release: 1990
Genre: Defined benefit pension plans
ISBN: