Sentence examples for As defined benefit from inspiring English sources
Because the employer is committed to paying a certain level of benefits, pensions are known as "defined benefit" plans.
The problem is that traditional final salary schemes – known as defined benefit – are ultra-expensive for employers, leading to the majority being shut down.
People with private sector (company) final salary schemes, known in the trade as defined benefit, are not allowed to take advantage of the new rules to dip into their retirement savings.
More and more employers have transferred the burden of funding pensions — known as defined benefit plans — off their own balance sheets and onto employees through 401 k), 403(b) or other tax-deferred devices, known as defined contribution plans.
Even though the N.F.L. has an estimated annual revenue of $7.5 billion, the assistants are caught in the same market conditions as the millions of American workers whose benefits have been slashed as defined benefit plans, which are enormously expensive to administer, have disappeared during the economic downturn.
Rather than acting as defined benefit providers, employers will pay their workers a certain amount of money each month and send them to private or public exchanges, like Bloom Health or Liazon, where individuals can shop for the benefits that best fits their needs.
As defined, welfare benefits may not account for non-monetary benefits like food stamps and it is probable that different types of people rely on different types of welfare benefits.
If all your earnings are from your own business and you have lots of income to shelter, consider setting up a solo 401(k) as well as a defined benefit plan.
For purposes of this paragraph, a plan described in section 412 e)(3) shall be treated as a defined benefit plan.
Among these are allowing officers eligible for retirement to begin collecting an annual pension bonus, known as the defined benefit, even if they choose not to retire.
Mr Parkin suggests that people in retirement need to have some form of regular income first - such as a defined benefit company pension or an annuity - before considering a drawdown pension.
