- employee pension benefit plan
USAA plan, fund or program established or maintained by an employer, an employee organization or both. An employee benefit plan, by its express terms or as a result of surrounding circumstances, either:• Provides retirement income to employees.• Results in a deferral of employees' income to termination of employment or beyond.Examples of employee pension benefit plans include defined benefit plans and cash balance plans.
Practical Law Dictionary. Glossary of UK, US and international legal terms. www.practicallaw.com. 2010.
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The information in a summary annual report differs depending on whether the plan is an employee pension benefit plan or an employee welfare benefit plan but can include: — The information in a summary annual report differs depending on whether the plan is an employee pension benefit plan or an employee welfare benefit plan but can include: • The total expenses paid by the plan during the year. • The number of… … Law dictionary
employee stock ownership plan — HR a plan sponsored by a company by which a trust holds shares in the company on behalf of employees and distributes those shares to employees. In the United States, shares can only be sold when an employee leaves the organization, and are thus… … The ultimate business dictionary
employee benefit plan — USA Either an employee pension benefit plan or an employee welfare benefit plan or a plan which is both. Practical Law Dictionary. Glossary of UK, US and international legal terms. www.practicallaw.com. 2010 … Law dictionary
Pension Benefit Guaranty Corporation — (United States) Agency overview Formed September 2, 1974 … Wikipedia
excess benefit plan — USA A plan maintained by an employer solely to provide certain employees with benefits that exceed the limits that apply to employee pension benefit plans under Section 415 of the Internal Revenue Code. Unfunded excess benefit plans are exempt… … Law dictionary
defined benefit plan — de·fined benefit plan n: a pension plan in which the amount of benefits paid to an employee after retirement is fixed in advance in accordance with a formula given in the plan Merriam Webster’s Dictionary of Law. Merriam Webster. 1996. defined… … Law dictionary
Unit Benefit Plan — An employer sponsored pension plan that provides retirement benefits based on a dollar amount or, more typically, a percentage of the employee s earnings for each year of service. A unit benefit plan is usually based on a percentage ranging from… … Investment dictionary
Defined-Benefit Plan — An employer sponsored retirement plan where employee benefits are sorted out based on a formula using factors such as salary history and duration of employment. Investment risk and portfolio management are entirely under the control of the… … Investment dictionary
defined benefit plan — A pension or other employee benefit plan that provides specified amounts of benefits to eligible participants. The specified amounts of benefits are usually determined based upon age, years of service, and/or levels of compensation. American… … Financial and business terms
American Benefit Plan Administrators — American Benefit Plan Administrators, Inc., (ABPA) founded in 1951, is one of the oldest third party administration (TPA) firms in the US,Fact|date=August 2008 mainly serving clients in the Taft Hartley industry,Fact|date=August 2008 pension… … Wikipedia