Sentence examples for defined benefit that from inspiring English sources

"At the same time, by offering transferred staff the right to remain members of the public service scheme, we are no longer requiring private, voluntary and social enterprise providers to take on the risks of defined benefit that deter many from bidding for contracts in the first place".

The Employees Retirement System offers a "defined benefit" that is not tied to the amount contributed by taxpayers and elected officials.

However, the fact that the worker is told that the employer has to pay a proportion of the total contribution helps to make such schemes acceptable to employees, quite apart from the clearly defined benefits that flow from paying their share.

Three: Former Governor Mitt Romney has a better, secret healthcare plan based on defined benefits that he may yet unveil during the campaign season.

They totaled $11.1 trillion in the first quarter, but that number includes public funds and private defined benefit plans that are seldom available to pre-retirees unless they leave their jobs.

Universities UK (UUK), which represents university employers, has proposed that the fund should switch from a defined benefit scheme that gives a guaranteed retirement income to a riskier defined contribution plan, where pension income is subject to movements in the stock market.

While there is a need for greater asset accumulation, defined benefit plans that supported retirees in the 1980's and 1990's have been replaced by defined contribution plans that shift the burden of saving and investing to individuals.

Defined contribution (DC) schemes dominate the private sector and are subject to fluctuations, unlike defined benefit schemes that give a guaranteed income in retirement.

He said the model would be his home state, which six years ago replaced the defined benefit pensions that have disappeared at most private companies with a defined contribution plan for new state and municipal workers.

Despite the loss of more than $300 million, none of the 650,000 government retirees in the pension fund will lose money because the fund is a defined benefit plan that guarantees a certain return.

Aiming to meet the needs of small and midsize employers, Myhealthbank uses a "defined benefit" approach that gives employees discretion over how to spend a set amount of money budgeted by the employer for health care.