Defined-Benefit versus Defined-Contribution Pension Plans: How to Compare

This article proposes a framework that will help managers and employees to compare the retirement benefits that accrue from the two major types of pension plans.

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Bibliographic Details
Published in:Compensation and benefits review 1991-05, Vol.23 (3), p.49-56
Main Authors: Maher, John J., Ketz, J. Edward
Format: Article
Language:English
Subjects:
Compensation management
Defined benefit plans
Defined contribution plans
Evaluation
Methods
Pension plans
Pensions
Retirement plans
Salary reduction savings plans
Social security
Online Access:Get full text
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Description
Summary:This article proposes a framework that will help managers and employees to compare the retirement benefits that accrue from the two major types of pension plans.
ISSN:0886-3687
1552-3837
DOI:10.1177/088636879102300308