Cash balance pension plan
A cash balance pension plan is a defined-benefit plan that is maintained on an individual account basis. The employer contributes to a participant's account with a set percentage of annual compensation plus interest charges. The company holds all ownership of profits and losses in the portfolio.
Nearby TermsCash asset ratio Cash Available for Debt Service Cash balance pension plan Cash basis Cash budget
Copyright © 2011 Campbell R. Harvey, Professor of Finance, Fuqua School of Business at Duke University