defined benefit pension plan
41Pension Benefit Guaranty Corporation - PBGC — A non profit corporation that functions under the jurisdiction of the Department of Labor and that guarantees the payment of certain pension benefits under defined benefit plans that have been terminated with insufficient money to pay benefits.… …
42defined contribution plan — A pension or other employee benefit plan that provides a specified contribution amount for the benefit of eligible employees. The participants ultimately receive amounts that depend on both the accumulated contributions and the investment returns …
43Defined contribution plan — A pension plan in which the sponsor is responsible only for making specified contributions into the plan on behalf of qualifying participants. Related: defined benefit plan …
44Chile pension system — The Pension System Spanish Sistema Previsional refers to old age, disability and survivor pensions for workers in Chile [http://www.reformaprevisional.cl/reforma previsional/archivos/descargas/Manual%20Informativo.pdf Reforma Previsional, Manual… …
45DB(k) Plan — A retirement plan that combines some of the characteristics of a 401(k) plan with those of a defined benefit (DB) plan. Funds can be voluntarily contributed to the DB(k) plan just as they can with a 401(k) plan, with the employer retaining the… …
46Pension Protection Act of 2006 — The Pension Protection Act of 2006 ( [http://frwebgate.access.gpo.gov/cgi bin/getdoc.cgi?dbname=109 cong public laws docid=f:publ280.109 Pub. L. 109–280] ), 120 Stat. 780, was signed into law by U.S. President George W. Bush on August 17,… …
47Retirement plan — A retirement plan is an arrangement to provide people with an income, or pension, during retirement, when they are no longer earning a steady income from employment. Retirement plans may be set up by employers, insurance companies, the government …
48Target benefit plan — A target benefit plan is a type of pension plan that contains features of a defined contribution plan but is made to appear like a defined benefit plan. It is similar to defined benefit plan in that the annual contribution is determined by a… …
49Keogh Plan — Unreferenced|date=July 2008Keogh plans are full fledged pension plans for self employed people in the United States.HistoryNamed for United States Congress Representative Eugene James Keogh of New York, they are sometimes called HR10 plans and… …
50Target-Benefit Plan — A benefit plan that is similar to a defined benefit plan since contributions are based on projected retirement benefits. However, unlike a defined benefit plan, the benefits provided to participants at retirement are based on the performance of… …
