Retirement Security

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  • 1 Types
Definitions
Advance Funded Pension Plan
Advance Funded Pension Plan Retirement Plan Pension Funding Employee Benefits Financial Planning Fund Allocation Retirement Security
An advance funded pension plan is a retirement plan in which current allocations are made to finance an employee's pension, ensuring funds are available upon retirement.
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Definitions
Benefit-Based Pension Plan
Retirement Plan Benefit-Based Pension Plan Defined-Benefit Plan Corporate-Guaranteed Payment Insured Benefits Retirement Security Pension Plan Termination
A benefit-based pension plan is a type of retirement plan where the employer promises a specified monthly benefit on retirement, which is predetermined by a formula based on the employee's earnings history, tenure of service, and age.
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Definitions
Employee Retirement Income Security Act (ERISA)
ERISA Employee Benefits Pension Plans Health Plans Retirement Security Federal Law Private Industry Employee Protection
The Employee Retirement Income Security Act of 1974 (ERISA) is a federal law that sets minimum standards for most voluntarily established pension and health plans in private industry to provide protection for individuals in these plans.
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