Defined benefit plans are often referred to as pensions. For employees who meet certain criteria in the workplace, these accounts typically pay out predetermined benefits in retirement. Here’s a look ...

A defined benefit plan is a retirement option where the benefits paid on retirement are calculated using a fixed formula. The formula is typically based on the employee’s salary history and the number ...

Choosing between a defined benefit vs. defined contribution plan can make or break your retirement strategy. The difference comes down to who takes on the risk — your employer or you. A defined ...

Data from the Bureau of Labor Statistics indicate that just 15% of private industry employees have access to a pension, also known as a defined benefit plan. Employers began moving away from these ...

What Are the Features of a Defined Benefit Plan? A defined benefit plan guarantees retirement benefits for an employee. Some of the features include: Employer sponsored: The employer funds and manages ...

Thankfully, public education is seeing pay increases, improved working conditions, record levels of funding and critical learning support for students, such as free breakfast and lunch programs. But ...

After years of the decline of defined benefit (DB) plans for employee retirement, it was surprising to see IBM announce the reopening of its DB plan. Meanwhile, we continue to see headlines on the ...

The phrase “pension benefits” may come up a lot in the next several days as negotiations between the United Auto Workers union and the Big Three automakers go down to the wire to avert a strike. But ...

It’s a pooled risk (or target pension) plan in the U.K. where both the employer and employee contribute Adam Hayes, Ph.D., CFA, is a financial writer with 15+ years Wall Street experience as a ...