Product Information
Under Title I of the Employee Retirement Income Security Act of 1974 (ERISA), employers are permitted to sponsor two broad categories of pension plans. They are (1) defined benefit plans-in which employers generally maintain a fund to provide a fixed level of monthly retirement income based on a formula specified in the plan-or (2) defined contribution plans-in which retirement income is based on employer and employee contributions and the performance of investments in individual employee accounts. 6 These experts included a representative of a pension consumer rights organization; a representative of a nonprofit, nonpartisan, retirement research organization; representatives of a private law firm specializing in employee benefits; representatives of a membership organization dedicated to retirement plan professionals; and the author of a book and journal article on multiple employer benefit arrangements. A MEP may be a defined benefit plan or a defined contribution plan.Product Identifiers
PublisherCreateSpace
ISBN-101492107468
ISBN-139781492107460
eBay Product ID (ePID)15081523026
Product Key Features
Subject AreaRéférence
Publication Year2013
SubjectGeneral
Publication NamePriving Sector Pensions: Federal Agencies Should Collect Data and Coordinate Oversight of Multiple Employer Plans
TypeNot Available
FormatTrade Paperback
AuthorU.S. Government Accountability Office
Number of Pages56 Pages
Dimensions
Item Height0.1 in
Item Width8.5 in
Item Length11 in
Item Weight7.1 Oz