The phrase "as a defined benefit" is correct and usable in written English.
It can be used in contexts related to finance, pensions, or benefits where a specific, guaranteed amount is provided.
Example: "The retirement plan offers a monthly payment to retirees as a defined benefit, ensuring financial security in their later years."
Alternatives: "as a guaranteed benefit" or "as a fixed benefit".
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.
The "Roadmap" became the controversial Ryan budget plan that would end Medicare as a defined benefit.
However, since employer contributions such as 401(k) matches and profit-sharing are not included in the financial aid calculation, a successful self-employed individual with only himself and a spouse for employees may be able to make a significant employer contribution to a retirement plan such as a defined benefit or profit sharing plan.
Mr. Altfest said he had clients contributing as much as $150,000 a year often in a defined benefit plan, but in many cases it took showing them how dire retirement could be if they didn't save.
Most companies choose a defined contribution plan, such as a 401 k), rather than a defined benefit plan otherwise known as a pension.
Subsidy as % of GDP: a defined benefit and b defined contribution.
The best way to think of a collective scheme is to see it as being halfway between a defined benefit scheme and a defined contribution scheme.
New hires face increased worker health care co-payments and reduced pensions as car companies are moving from a defined benefit to a defined contribution pension system, where pensions are no longer guaranteed but dependent on market fluctuations.
The old pension program is known as a defined benefits plan, meaning G.M. was obligated to pay retirees a certain amount, depending on their years of service and pay level.
There are two basic types: a defined benefit plan (otherwise known as a pension) and a defined contribution plan, such as a 401(k).
These reforms have modified the traditional public pay-as-you-go defined benefit (PAYG-DB) schemes, introducing multipillar systems where fully funded defined contribution (FF-DC) schemes play an important role.
