Defined Benefit pension plans provide a promise to pay to participants specified benefits that are determinable and are based on such factors as age, years of service, and compensation.

Defined benefit pension plans may be single employer or multiemployer plans. In addition, these plans may be funded through accumulated contributions and investment income (self-funded plans), insurance contracts (insured plans), or a combination of both (split-funded plans). Contributions may be required from both employers and participants (contributory plans) or from employers only (noncontributory plans).

Traditional defined benefit pension plans provide benefits that are defined in terms of a percentage of final average compensation or career average compensation, or as a flat dollar benefit per year of service. Lean More>>

·      Accounting and Reporting by Defined Benefit Pension Plans
 

·      Frequently Asked Questions
- Specific to defined benefit pension plans
- Applicable to all plans
 

·      EBPAQC Topix Primer, Cash Balance Plans
 

·      Plan Design in the Balance, Weighing the pros and cons of cash balance plans, Journal of Accountancy Article
 

·      Pension Protection Act of 2006 Resource Center
 

·      Center Webinars

o    EBPAQC Understanding Actuarial Reports and Valuation Assumptions Live Forum

August 27, 2009, 1:00 p.m. - 3:00 p.m. Eastern Time.
 

To download an MP3 version of the audio file for uploading to a portable MP3 player, click here and select "Save Target As" or "Save Link As". The download may take a while to download depending on your connection speed, so please be patient.

Download PowerPoint presentation

Download the pdf version

o    EBPAQC Defined Benefit Plan Audits Live Forum

August 20, 2009, 1:00 p.m. - 3:00 p.m. Eastern Time.
 

Click here to download an MP3 version of the audio file.

Download PowerPoint presentation

Download the pdf version