Not very. The percentage of workers in the private sector whose only retirement account is a defined benefit pension plan is now 4%, down from 60% in the early 1980s. About 14% of companies offer ...

A pension plan, often referred to as a defined benefit plan, is a company-funded ... process of being closed to see if your location is closing.

Most companies no longer provide traditional pension plans ... with 500 or more workers, 27% have defined benefit retirement plans that are open to new employees, according to the BLS.

Every defined benefit plan will have its own formula for calculating benefits. However, one common formula involves employers paying a set dollar amount, such as $100 per month in pension funds ...

"These proposals may have some benefits ... closing these schemes and start opening new ones." Unite is calling on the Government to actively encourage employers to open or reopen defined benefit ...

The "textbook" description is that members of defined benefit pension plans bear no investment risk, in sharp contrast to members of defined contribution plans. Yet formal or informal bargaining may ...

A defined benefit plan is often referred to as a traditional pension. “A defined benefit plan is a type of pension plan that is fully funded by employer contributions and is a promise to pay ...

A defined benefit plan is a ... typically five - to be fully "vested" in the plan. If you leave before then, you will forfeit any unvested pension benefits.