Defined Benefit Pension Scheme

URI: https://gptkb.org/entity/Defined_Benefit_Pension_Scheme
GPTKB entity
Statements (28)
Predicate Object
gptkbp:instanceOf gptkb:Pension_Scheme
gptkbp:alsoKnownAs DB Pension Scheme
gptkbp:benefitDependsOn salary
years of service
gptkbp:commonIn gptkb:government
large corporations
gptkbp:contrastsWith Defined Contribution Pension Scheme
gptkbp:declinedAfter gptkb:government
gptkbp:fundedBy employee contributions
employer contributions
https://www.w3.org/2000/01/rdf-schema#label Defined Benefit Pension Scheme
gptkbp:insuredBy gptkb:Pension_Protection_Fund_(UK)
gptkb:Pension_Benefit_Guaranty_Corporation_(US)
gptkbp:mayInclude early retirement options
index-linked increases
spouse benefits
gptkbp:payoutForm lump sum
regular annuity payments
gptkbp:provides guaranteed retirement income
gptkbp:regulates gptkb:The_Pensions_Regulator_(UK)
Employee Retirement Income Security Act (US)
gptkbp:riskBorneBy employer
gptkbp:subject longevity risk
funding requirements
actuarial valuation
investment risk (employer)
gptkbp:bfsParent gptkb:Central_Government_Employees_Family_Pension_Scheme
gptkbp:bfsLayer 7