Pension Issues : Cash Balance Plans.

Explains the characteristics and growing popularity of and policy considerations involved in cash-balance pension plans, which are "hybrid" plans containing elements of defined benefit and defined contribution plans. Examines conversion of traditional pension plans to cash-balance plans, v...

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Bibliographic Details
Corporate Authors:	Library of Congress. Congressional Research Service, ProQuest (Firm)
Format:	eBook
Language:	English
Published:	[Place of publication not identified] : [publisher not identified], 2003.
Series:	U.S. Congressional Research.
Subjects:	Age discrimination. Pensions. Retirement income. Electronic books.
Online Access:	Connect to the full text of this electronic book

Description
Summary:	Explains the characteristics and growing popularity of and policy considerations involved in cash-balance pension plans, which are "hybrid" plans containing elements of defined benefit and defined contribution plans. Examines conversion of traditional pension plans to cash-balance plans, valuation of lump-sum distributions, questions about age discrimination, defining "accrued benefit", and proposed IRS regulation. Compares the retirement income potential of traditional pension and cash-balance plans.
Item Description:	Record is based on bibliographic data in ProQuest U.S. Congressional Research Digital Collection (last viewed July 2010). Reuse except for individual research requires license from ProQuest, LLC. CRS Report. Electronic resource.
Physical Description:	1 online resource.