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What is Understanding Defined Benefit Plans about?

A defined benefit plan commits employers to pay retirees a set amount that is independent of fund performance. The employer bears the risk if the fund is insufficient. A hybrid plan has aspects of both defined benefit and contribution plans. A multi-employer plan involves unrelated employers contributing to a common fund managed by a trustee to provide post-employment benefits to employees of the participating employers.

Author

Darrel

Language

EN