Workplace-run Pension Account

Identification

IRI:

https://folio.openlegalstandard.org/RNj767hrvvCAvvkhN7AebO

Label Workplace-run Pension Account

Preferred Label N/A

Identifier N/A

Alternative Labels

Company Pension Plan Corporate Pension Scheme Employer-Provided Pension Plan Employer-Sponsored Pension Plan Work-Based Pension Plan

Definition

A workplace-run pension account is a retirement savings plan provided and managed by an employer, often involving contributions from both the employer and the employee. These plans can include defined benefit plans, which promise a specified monthly benefit at retirement, and defined contribution plans, which depend on the amount contributed and the performance of the investments.

Examples

• Pension Fund: CalPERS Pension Fund

Class Relationships

Sub Class Of

• Pension Account

Is Defined By

N/A

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Additional Information

Metadata

Comment

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Description

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Notes

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Editorial Information

History Note

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Editorial Note

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Deprecated

No

Source and Origin

No source or origin information available