MLchartDataset catalogue

Hybrid plans

Term · Insurance and risk management · MLC-T-INS-001760

Retirement plans that combine features of both defined benefit and defined contribution plans. They typically offer a guaranteed benefit formula, similar to a defined benefit plan, but also provide individual accounts for participants, like a defined contribution plan. Cash balance plans are a common example of a hybrid plan.

Table 1. Record
IdentifierMLC-T-INS-001760
FieldInsurance and risk management
Record as JSON 
{
  "id": "MLC-T-INS-001760",
  "term": "Hybrid plans",
  "field": "Insurance and risk management",
  "definition": "Retirement plans that combine features of both defined benefit and defined contribution plans. They typically offer a guaranteed benefit formula, similar to a defined benefit plan, but also provide individual accounts for participants, like a defined contribution plan. Cash balance plans are a common example of a hybrid plan.",
  "url": "https://mlchart.com/terminology/insurance/hybrid-plans/"
}

Record 1,673 of 3,708 in Insurance and risk management terminology (MLC-0106). Request the full dataset.