Cash Balance Plans: Implications for Retirement Income

[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 using cash balance plans for retirement income, focusing on the: (1) prevalence and features of cash balance plans; (2) factors employers considered in making a decision about whether or not to use a cash balance formula; (3) effects of using cash balance formulas on the adequacy of individual workers' retirement income; and (4) effects of current disclosure practices on plan participants' ability to address issues regarding the adequacy of their retirement funds."

[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;cash balance plans;letter report