Private Pensions: Implications of Conversions to Cash Balance Plans

[摘要] A letter report issued by the General Accounting Office with an abstract that begins "Pursuant to a congressional request, GAO provided information on the implications of converting traditional private pensions to cash balance plans, focusing on: (1) the prevalence and major features of cash balance plans, and reasons why firms adopt them; (2) how the use of cash balance plans affect the pension benefits for workers of different ages and tenure, particularly after conversion; and (3) what information employers converting to cash balance plans typically provide to plan participants and how disclosure might be improved."

[发布日期] 2000-09-29 [发布机构] United States. General Accounting Office.

[关键词] Government accountability -- United States.;retirement security;private pensions;letter report