Contribution plan

Related to Contribution plan: Defined Contribution Pension Plan

Con`tri`bu´tion plan


1.(Life Insurance) A plan of distributing surplus by giving to each policy the excess of premiums and interest earned thereon over the expenses of management, cost of insurance, and the policy value at the date of computation. This excess is called the contribution of the policy.
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In accepting a professorship at the University of Pennsylvania, I also transited from the defined benefit pension plan of the bank to a 401(k) defined contribution plan at the university.
Nearly all defined contribution plan participants continued contributing to their plans in the first half of 2017, according to ICI's "Defined Contribution Plan Participants' Activities, First Half 2017."
While 87 percent of those workers have access to a defined benefit plan, only 36 percent have access to a defined contribution plan.
NAGDCA is a professional organization made up of the deferred compensation/defined contribution plan administrators from the 50 states and over 100 local governments and entities, as well as the private industry plan providers.
That's a particular problem when the defined benefit plan is combined with a defined contribution plan, known as DB/DC.
Although a small employer would have to do their homework to ensure the cost-benefit exists, a defined contribution plan is a very good option for a private business with a larger number of employees.
In late 2014, he was selected as a finalist for Chief Investment Officer's (CIO) prestigious Industry Innovation Award in the defined contribution plan category.
Summary paragraph: Defined contribution plan predictions
The Investment Company Institute unveiled this finding in its February 2014 report, "Defined Contribution Plan Participants' Activities: First Three Quarters of 2013." The survey details DC plan participants' withdrawals and contributions, investment activity and loan activity.
TABLE A1 Variance of Contribution Over Time for Various Values of [[lambda].sub.1] Under Targeted Contribution Plan Values of [[lambda].sub.1] Time (Months) 0 0.25 0.5 0.75 0 0 0 0 0 10 0.0004 0.0010 0.0259 0.0470 20 0.0072 0.0485 0.1127 0.2031 30 0.0354 0.1207 0.2691 0.4864 40 0.0962 0.2516 0.5456 0.9546 50 0.2051 0.4133 0.8861 1.5701 60 0.3891 0.6450 1.3724 2.4449 Values of [[lambda].sub.1] Time (Months) 1 1.25 1.5 1.75 0 0 0 0 0 10 0.0784 0.1281 0.2197 0.4532 20 0.3367 0.5542 0.9709 2.0829 30 0.8149 1.3551 2.3960 5.2960 40 1.5593 2.5528 4.5084 10.1899 50 2.6174 4.3769 7.8158 17.5756 60 4.0635 6.7603 12.1910 28.3791 Note: F = 100, [[delta].sub.t] ~ i.i.d.
The automaker stated that around 8,000 workers in the United States and 850 in Canada would be moved to a defined contribution plan.
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