Series 50: Pension Liabilities

Taken from our Series 50 Online Guide

Pension Liabilities

Pension plans are divided into two categories: defined benefit plans and defined contribution plans.

Defined benefit plans provide employees with a specific amount of benefits after retirement. Defined benefit plans are categorized by how many employers are contributing to them. If the plan only has one participating employer making contributions, then it is a single-employer pension plan. If more than one employer is making contributions to the plan, then it is a multiple-employer pension

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