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  2. Defined benefit pension plan - Wikipedia

    en.wikipedia.org/wiki/Defined_benefit_pension_plan

    Personal finance. Defined benefit (DB) pension plan is a type of pension plan in which an employer/sponsor promises a specified pension payment, lump-sum, or combination thereof on retirement that depends on an employee's earnings history, tenure of service and age, rather than depending directly on individual investment returns.

  3. Retirement plans in the United States - Wikipedia

    en.wikipedia.org/wiki/Retirement_plans_in_the...

    Types of retirement plans. Retirement plans are classified as either defined benefit plans or defined contribution plans, depending on how benefits are determined.. In a defined benefit (or pension) plan, benefits are calculated using a fixed formula that typically factors in final pay and service with an employer, and payments are made from a trust fund specifically dedicated to the plan.

  4. What are pension plans? - AOL

    www.aol.com/finance/pension-plans-181440876.html

    Pension plans operate on the principle of accruing benefits over an employee’s career. During their employment, the employer contributes to the plan on behalf of the employee. The money is then ...

  5. Pensions crisis - Wikipedia

    en.wikipedia.org/wiki/Pensions_crisis

    Pensions crisis. The pensions crisis or pensions timebomb is the predicted difficulty in paying for corporate or government employment retirement pensions in various countries, due to a difference between pension obligations and the resources set aside to fund them. The basic difficulty of the pension problem is that institutions must be ...

  6. What's the difference between a pension and a 401k? - AOL

    www.aol.com/whats-difference-between-pension-401...

    Here's a close look at the difference between a pension and a 401(k) plan -- often referred to, respectively, as a defined benefit (DB) plan and a defined contribution (DC) plan -- examining their ...

  7. Should I Get a Defined Benefit or Defined Contribution Plan?

    www.aol.com/finance/defined-benefit-defined...

    Defined benefit plans and defined contribution plans are two employer-sponsored ways of helping to provide employees with a comfortable retirement. The difference between them lies primarily in ...

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