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hybrid pension plan

Pension plans that have elements of defined benefit plans and defined contributions. Usually involved the benefit for the participant being awarded as a lump sum instead of as an annuity. These types of plans are regulated as defined benefit plans. Examples of hybrid pension plans include cash balance and pension equity plans.

Related information about hybrid pension plan:
  1. Greg Johnson: Rogero's hybrid pension plan fails » Knoxville News ...
    Jun 22, 2012 ... President Barack Obama's consigliere, David Axelrod, tried to explain away Republican Gov. Scott Walker's big win in the Wisconsin recall ...
     
  2. What is hybrid pension plan? definition and meaning
    Definition of hybrid pension plan: Pension plans that have elements of defined benefit plans and defined contributions. Usually involved the benefit for the ...
     
  3. Questions and Answers
    A hybrid pension plan is a defined benefit plan that has certain attributes normally associated with a defined contribution (or individual account) plan. Informally ...
     
  4. Proposed state hybrid pension plan criticized - The News Tribune
    Feb 6, 2012 ... A proposal to trim future outlays for state-funded pensions ran into a storm of criticism from retiree and labor groups last week, and the concept ...
     
  5. Capitol Weekly: Lawmakers hammering out 'hybrid' pension plan
    Apr 9, 2012 ... SANTA ROSA — A two-house legislative committee is working with Gov. Brown's Department of Finance on a 'hybrid' retirement plan for new ...
     
  6. California governor, Democratic legislators agree on pension changes
    Aug 28, 2012 ... Mr. Brown dropped his original proposal, made 10 months ago, to create a hybrid pension plan for new state employees. Under the proposal ...
     
  7. New California pension proposal shuns governor's hybrid plan ...
    Aug 27, 2012 ... Edmund G. Brown Jr.'s plan to create a hybrid pension plan for new state employees was rejected by state Democratic legislative leaders who ...
     
  8. Rogero's Hybrid Pension Plan Deserves Support » Metro Pulse
    May 16, 2012 ... Defined benefit or defined contribution: That is the question facing the city of Knoxville in providing a new retirement plan for city employees in ...