MLchartDataset catalogue

Pension equity plan

Term · Economic statistics · MLC-T-ECS-001413

Retirement savings plan based on each year worked, for which employees receive a percentage applied to their final average earnings.

Note: Benefits generally are distributed as a lump sum but may be converted to an annuity.

Table 1. Record
IdentifierMLC-T-ECS-001413
FieldEconomic statistics
ReferencesBLS Glossary
Record as JSON 
{
  "id": "MLC-T-ECS-001413",
  "term": "Pension equity plan",
  "field": "Economic statistics",
  "definition": "Retirement savings plan based on each year worked, for which employees receive a percentage applied to their final average earnings.\n\nNote: Benefits generally are distributed as a lump sum but may be converted to an annuity.",
  "references": [
    "BLS Glossary"
  ],
  "url": "https://mlchart.com/terminology/economic-statistics/pension-equity-plan/"
}

Record 1,391 of 2,141 in Economic statistics terminology (MLC-0116). Request the full dataset.