cash balance pension plan การใช้

The House also approved, 258-160, an amendment by Vermont independent representative Bernie Sanders barring the government from using federal funds to overturn a federal court ruling against cash balance pension plans.
It was because the terms were so unambiguous to actuaries that they could construct the initial balances in each worker s " hypothetical " account for these new cash balance pension plans.
Because these cash balance plans were designed to " look like " defined-contribution plans, the defendants asserted that these cash balance pension plans were not true defined-benefit plans but were " hybrid " plans instead.
Union officials noted Monday that for the first time a cash balance pension plan would be instituted in 1999 allowing unionized workers to take the cash value of their pension when they leave the firm.
When Patton decided to pass on early retirement in 1995, she couldn't have known that the company was later going to convert to a so-called cash balance pension plan that is less favorable than the traditional fixed pension for older workers.