Defined Benefit Plans

A company retirement plan in which a retired employee receives a specific amount based on salary history and years of service and in which the employer bears the investment risk. 



A retired employee receives a specific amount based on salary history and years of service.

Defined Benefit plans provide a fixed, pre-established benefit for employees at retirement.  Substantial benefits can be provided and accrued within a short period of time.
 Employers can generally contribute (and therefore deduct) more each year than in defined contribution plans.


Looking for information on our cash balance plans? Click here.

Related to: Third Party Administrator, TPA, Retirement Plan Consultant, Employer Retirement Plan Consulting, Actuarial Consulting, Pension Consultant, Actuarial Services

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