What does target benefit plan mean?

Definitions for target benefit plan
tar·get ben·e·fit plan

Here are all the possible meanings and translations of the word target benefit plan.

Wikipedia

  1. Target benefit plan

    A target benefit plan is a type of pension plan that is similar to a defined contribution plan in that it involves fixed contributions, or a fixed range of contributions, which are set independently of a plan's funded position. Benefits are based on affordability projections. Plan members share plan risk through adjustments to their benefits. A key element of the target benefit model is the existence of pre-determined guidelines linking benefits to funds available in the plan. Benefits and contributions are linked in a way that does not exist with traditional defined benefit or defined contribution plans.

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Numerology

  1. Chaldean Numerology

    The numerical value of target benefit plan in Chaldean Numerology is: 3

  2. Pythagorean Numerology

    The numerical value of target benefit plan in Pythagorean Numerology is: 4

Images & Illustrations of target benefit plan

  1. target benefit plantarget benefit plantarget benefit plantarget benefit plantarget benefit plan

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    "target benefit plan." Definitions.net. STANDS4 LLC, 2022. Web. 29 Jan. 2022. <https://www.definitions.net/definition/target+benefit+plan>.

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