Explains the characteristics and growing popularity of and policy considerations involved in cash-balance pension plans, which are "hybrid" plans containing elements of defined benefit and defined contribution plans. Examines conversion of traditional pension plans to cash-balance plans, valuation of lump-sum distributions, questions about age discrimination, defining "accrued benefit", and proposed IRS regulation. Compares the retirement income potential of traditional pension and cash-balance plans.
CRS Report. Record is based on bibliographic data in ProQuest U.S. Congressional Research Digital Collection (last viewed July 2010). Reuse except for individual research requires license from ProQuest, LLC.
Microfiche version: Library of Congress. Congressional Research Service. Pension Issues