Examples of Cash Balance Plan in a sentence
The Cash Balance Plan is known as a hybrid plan because it has characteristics of both a defined benefit plan and a defined contribution plan.
In accordance with Senate Bill 2, signed by the Governor on April 4, 2013, plan members who began participating on or after January 1, 2014, were required to contribute to the Cash Balance Plan.
In accordance with Senate Bill 2, signed by the Governor on April 4, 2013, plan members who began participating on, or after, January 1, 2014, were required to contribute to the Cash Balance Plan.
The District and United Faculty agree to offer the State Teacher’s Retirement Defined Benefit Plan, State Teacher’s Retirement Cash Balance Plan, and Social Security for part-time faculty whose status is considered temporary.
Employee Retirement System and Other Post-Employment Benefits (Continued) Hazardous (Continued)In accordance with Senate Bill 2, signed by the Governor on April 4, 2013, plan members who began participating on, or after, January 1, 2014, were required to contribute to the Cash Balance Plan.