Defined Benefit Pension

GPTKB entity

Statements (31)
Predicate Object
gptkbp:instanceOf Pension Plan
gptkbp:administeredBy gptkb:hedge_fund
gptkbp:alsoKnownAs DB Pension
gptkbp:benefitFormula predetermined formula
gptkbp:canBeIncreasedBy delayed retirement
gptkbp:commonIn gptkb:government
gptkbp:contrastsWith Defined Contribution Pension
gptkbp:factor salary
years of service
age at retirement
gptkbp:fundedBy employer
employee contributions
https://www.w3.org/2000/01/rdf-schema#label Defined Benefit Pension
gptkbp:insuredBy gptkb:Pension_Benefit_Guaranty_Corporation
gptkbp:mayInclude disability benefits
cost-of-living adjustments
survivor benefits
gptkbp:payoutType lump sum
lifetime annuity
gptkbp:provides guaranteed retirement income
gptkbp:reduces early retirement
gptkbp:regulates gptkb:government
gptkbp:requires actuarial valuation
gptkbp:riskBorneBy employer
gptkbp:subject taxation
pension regulation
vesting requirements
actuarial assumptions
funding status
gptkbp:bfsParent gptkb:Central_Government_Employees_Pension_Scheme
gptkbp:bfsLayer 7