Sentence examples for defined contribution plan from inspiring English sources

The Florida program, likely to be a model for many other states, shifts from Medicaid's traditional "defined benefit" plan to a "defined contribution" plan, under which the state sets a ceiling on spending for each Medicaid recipient.

One solution, she said, is to adopt a defined benefit plan, to which far more may be contributed than to a defined contribution plan.

Orr has frozen some benefits for participants in the city's two pension systems and ended the city's defined contribution plan.

Finally, roughly half of all workers are employed by companies with no pension plan or defined contribution plan at all.

It's in some ways a pension for all of us: something Americans tell pollsters time and time again they would prefer over a defined contribution plan.

The Ryan budget doesn't touch Medicare for anybody over 55, but for younger people it turns it into a defined contribution plan.

New employees will be enrolled in a hybrid scheme consisting of a traditional defined-benefit pension and a defined-contribution plan similar to a 401(k).

Cincinnati rejected a proposal to replace city workers' defined-benefit pensions with a defined-contribution plan, like most private-sector workers receive.In this section Where will you go, Bill de Blasio?

The second silver lining in the CBO report was that Ryan's restructuring of Medicare from a defined-benefit plan to a defined-contribution plan could bring down health care costs.

They would also have hybrid plans, with part of the traditional defined-benefit pension replaced by a defined-contribution plan of the sort common in the private sector.

Michigan closed its defined-benefit scheme to entrants back in 1997 and Alaska moved to a defined-contribution plan for new staff in 2006.