Purchase Solution

Back-loading Pensions

Not what you're looking for?

Ask Custom Question

What is the "back-loading" of pension plans? Do some research and discuss issues related to this problem

Purchase this Solution

Solution Summary

There are two typical pensions offered b a company. One of the pensions is a back-loaded pension. We will review the two types of pensions.

Solution Preview

Backloading Pension
What is the "back-loading" of pension plans? Do some research and discuss issues related to this problem

Pension benefits accrue based on two methods: (1.) defined contribution plan and (2.) defined benefit plan. The defined contribution plan accrue at a constant rate based on a specified percentage of an employee's annual salary. For example, an employee earning $30,000 with a 10% contribution percentage will receive $3,000 annually. The plan is a good option because each employee will be rewarded the same throughout their employee. In other words, there is no backloading.

The defined plan accruals increase as an employee gets closer to retirement. The pension ...

Purchase this Solution


Free BrainMass Quizzes
MS Word 2010-Tricky Features

These questions are based on features of the previous word versions that were easy to figure out, but now seem more hidden to me.

Team Development Strategies

This quiz will assess your knowledge of team-building processes, learning styles, and leadership methods. Team development is essential to creating and maintaining high performing teams.

Marketing Research and Forecasting

The following quiz will assess your ability to identify steps in the marketing research process. Understanding this information will provide fundamental knowledge related to marketing research.

Introduction to Finance

This quiz test introductory finance topics.

Income Streams

In our ever changing world, developing secondary income streams is becoming more important. This quiz provides a brief overview of income sources.