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Priving Sector Pensions: Federal Agencies Should Collect Data and Coordinate Oversight of Multiple Employer Plans

Priving Sector Pensions: Federal Agencies Should Collect Data and Coordinate Oversight of Multiple Employer Plans

          
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About the Book

Under Title I of the Employee Retirement Income Security Act of 1974 (ERISA), employers are permitted to sponsor two broad categories of pension plans. They are (1) defined benefit plans-in which employers generally maintain a fund to provide a fixed level of monthly retirement income based on a formula specified in the plan-or (2) defined contribution plans-in which retirement income is based on employer and employee contributions and the performance of investments in individual employee accounts. 6 These experts included a representative of a pension consumer rights organization; a representative of a nonprofit, nonpartisan, retirement research organization; representatives of a private law firm specializing in employee benefits; representatives of a membership organization dedicated to retirement plan professionals; and the author of a book and journal article on multiple employer benefit arrangements. A MEP may be a defined benefit plan or a defined contribution plan.


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Product Details
  • ISBN-13: 9781492107460
  • Publisher: Createspace Independent Publishing Platform
  • Publisher Imprint: Createspace Independent Publishing Platform
  • Height: 280 mm
  • No of Pages: 58
  • Series Title: English
  • Sub Title: Federal Agencies Should Collect Data and Coordinate Oversight of Multiple Employer Plans
  • Width: 216 mm
  • ISBN-10: 1492107468
  • Publisher Date: 12 Aug 2013
  • Binding: Paperback
  • Language: English
  • Returnable: N
  • Spine Width: 3 mm
  • Weight: 159 gr


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