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2. Public employee pension plans in the United States - Wikipedia

   en.wikipedia.org/wiki/Public_employee_pension...

   Federal Employees Retirement System - covers approximately 2.44 million full-time civilian employees (as of Dec 2005). [2]Retired pay for U.S. Armed Forces retirees is, strictly speaking, not a pension but instead is a form of retainer pay. U.S. military retirees do not vest into a retirement system while they are on active duty; eligibility for non-disability retired pay is solely based upon ...

3. A complete guide to 401(k) retirement plans: What is a ... - AOL

   www.aol.com/finance/complete-guide-401-k...

   A 401(k) plan is a tax-advantaged retirement savings tool offered by employers that allows eligible employees to contribute a portion of their salary up to a set amount each year. ... in which the ...

4. IBM offers employees new retirement account that looks a lot ...

   www.aol.com/finance/ibm-offers-employees...

   On Jan. 1, IBM put the brakes on its dollar-for-dollar 5% employee match in its 401(k) plan and began providing most of its US workers a portable "retirement benefit account."

5. Retirement plans in the United States - Wikipedia

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

   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.

6. Wespath Benefits and Investments - Wikipedia

   en.wikipedia.org/wiki/Wespath_Benefits_and...

   Wespath Benefits and Investments (formerly known as General Board of Pension and Health Benefits) is an American non-profit pension agency affiliated with the United Methodist Church. Wespath supervises and administers retirement plans , investment funds, health and welfare benefit plans for active and retired clergy and lay employees of the ...

7. 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.