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  2. 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.

  3. Pension review - Wikipedia

    en.wikipedia.org/wiki/Pension_review

    Pension review is a component of retirement planning, where a pension is examined to determine how well it is performing. This may include what the annual fees amount to, if the pension is growing at a reasonable level, how it is invested, if it could perform better with different investments , and if the fund will be able to provide the ...

  4. Defined benefit pension plan - Wikipedia

    en.wikipedia.org/wiki/Defined_benefit_pension_plan

    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. Traditionally, many governmental ...

  5. Should I Take a $150,000 Lump Sum or $1,200 Monthly ... - AOL

    www.aol.com/150-000-lump-sum-1-132703296.html

    Using Schwab's pension calculator, you would need to invest your $150,000 at a 7.03% rate of return just to match the income of your $1,200 monthly payments over your life expectancy.

  6. Pension spiking - Wikipedia

    en.wikipedia.org/wiki/Pension_spiking

    Pension spiking. Pension spiking, sometimes referred to as "salary spiking", [1] is the process whereby public sector employees are granted large raises, bonuses, incentives or otherwise artificially inflate their compensation in the time immediately preceding retirement in order to receive larger pensions than they otherwise would be entitled ...

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