defined-benefit love

defined-benefit

Definitions

Sorry, no definitions found. Check out and contribute to the discussion of this word!

Etymologies

Sorry, no etymologies found.

Support

Help support Wordnik (and make this page ad-free) by adopting the word defined-benefit.

Examples

  • The Denver Post is reporting that negotiators are nearing a deal on PERA, the generous defined-benefit plan that most state workers have benefited from over the years:

    PERA Nears A Deal – UPDATED « View From a Height 2010

  • Maintaining a defined-benefit for incoming and even current employees is not realistic (promises made to those already retired must be honored).

    PERA Nears A Deal – UPDATED « View From a Height 2010

  • But while defined-benefit pensions sound good in theory — retirees should have security for their later years — they actually create incentives that impede hiring and keeping the best teachers.

    Why Teacher Pensions Don't Work Joel Klein 2011

  • Which means that the solvency of any defined-benefit plan is mostly guesswork.

    PERA Nears A Deal – UPDATED « View From a Height 2010

  • Whether the investment returns are there or not, defined-benefit pensions require the government to pay retirees a predetermined amount for life.

    Why Teacher Pensions Don't Work Joel Klein 2011

  • Some fiscal watchdogs say the plan masks the long-term problem of pension costs that could be more prudently managed by tightening wages and overhauling the defined-benefit system.

    Schools Look to Delay Pain Jacob Gershman 2011

  • The big questions are what long-term share of its productivity should be devoted to tax payments, and whether Medicare can remain the defined-benefit system it is now, or should be turned into a defined-contribution system whose costs are easier to control—questions that both sides think will get a full airing in a national campaign.

    Deficit Fix Is Elusive Amid Clashing Narratives Gerald F. Seib 2011

  • "As long as you have a traditional defined-benefit pension, you've got taxpayers on a financial roller coaster," said E.J. McMahon , who directs the Empire Center for New York State Policy, a conservative fiscal group.

    Cuomo Seeks New Pension Tier Jacob Gershman 2011

  • Premium support is easily as important an advance as the shift from defined-benefit pensions to 401ks, and the transition could be as smooth.

    Medicare for a New Century 2011

  • For example, states and districts must shift new employees from defined-benefit pension programs to portable, defined-contribution plans where employees can contribute a proportionate amount to their own retirement savings.

    In Budget Crises, an Opening for School Reform Michelle Rhee 2011

Comments

Log in or sign up to get involved in the conversation. It's quick and easy.