MLchartDataset catalogue

Defined benefit plan

Term · Economic statistics · MLC-T-ECS-000487

Pension plan providing an employee with guaranteed retirement benefits based on a predetermined formula.

Note: A participant’s retirement age, length of service, and preretirement earnings may affect the benefits received. Definitions, key provisions, and terms may be subject to change per benefit provider.

Table 1. Record
IdentifierMLC-T-ECS-000487
FieldEconomic statistics
ReferencesBLS Glossary
Record as JSON 
{
  "id": "MLC-T-ECS-000487",
  "term": "Defined benefit plan",
  "field": "Economic statistics",
  "definition": "Pension plan providing an employee with guaranteed retirement benefits based on a predetermined formula.\n\nNote: A participant’s retirement age, length of service, and preretirement earnings may affect the benefits received. Definitions, key provisions, and terms may be subject to change per benefit provider.",
  "references": [
    "BLS Glossary"
  ],
  "url": "https://mlchart.com/terminology/economic-statistics/defined-benefit-plan/"
}

Record 487 of 2,177 in Economic statistics terminology (MLC-0116). Request the full dataset.