Below you will find example sentences with "defined benefit". The examples show how this phrase is used in natural context and which words often surround it.
Defined Benefit in a sentence
Corpus data
- Displayed example sentences: 20
- Discovered as a combination around: benefit
- Corpus frequency in the collocation scan: 10
- Phrase length: 2 words
- Average sentence length: 26.7 words
Sentence profile
- Phrase position: 6 start, 8 middle, 6 end
- Sentence types: 19 statements, 1 questions, 0 exclamations
Corpus analysis
- The phrase "defined benefit" has 2 words and usually appears in the middle in these examples. The average sentence has 26.7 words and is mostly made up of statements.
- Around this phrase, patterns and context words such as 5 100 defined benefit pension fund, a separate defined benefit scheme the, plan, pension and plans stand out.
- In the phrase index, this combination connects with defined contribution, mutual benefit, own benefit and own benefit, linking the page to nearby combinations.
Example types with defined benefit
This selection groups the examples by length and sentence type, making usage of the full phrase easier to scan:
If you have a “defined benefit” (DB) pension, the rules will be different. (13 words)
This is one of the few defined benefit plans left in the country. (13 words)
Target benefit plans are defined contribution plans made to match (or resemble) defined benefit plans. (15 words)
The defined benefit pension plan remains unchanged, but Unifor and the company will explore transferring the defined contribution plan (those hired after Nov.7, 2016) into a defined benefit plan run by the Colleges of Applied Arts and Technology. (39 words)
Hence, with a defined contribution plan the risk and responsibility lies with the employee that the funding will be sufficient through retirement, whereas with the defined benefit plan the risk and responsibility lies with the employer or plan managers. (39 words)
One of the most startling policy successes of the past 20 years has been New Labour’s Pension Protection Fund (PPF), established in 2005, which takes over the management of distressed defined benefit pension funds, guaranteeing the future pensions. (39 words)
While half of this money has already been earmarked to help address the opioid epidemic, wouldn’t it be great if we could use the remaining windfall to transition to a defined benefit plan? (34 words)
Example sentences (20)
The defined benefit pension plan remains unchanged, but Unifor and the company will explore transferring the defined contribution plan (those hired after Nov.7, 2016) into a defined benefit plan run by the Colleges of Applied Arts and Technology.
Far from being modest, even the most minimal examples of defined benefit plans for California’s state and local government workers provide roughly the value of the typical defined benefit offered federal workers.
Defined benefit pensions tend to be less portable than defined contribution plans, even if the plan allows a lump sum cash benefit at termination.
Target benefit plans are defined contribution plans made to match (or resemble) defined benefit plans.
Many people will have a Sipp in addition to a pension pot built up with their employer, which can either be a defined contribution scheme or defined benefit scheme.
Hence, with a defined contribution plan the risk and responsibility lies with the employee that the funding will be sufficient through retirement, whereas with the defined benefit plan the risk and responsibility lies with the employer or plan managers.
Some types of retirement plans, such as cash balance plans, combine features of both defined benefit and defined contribution plans.
The open-ended nature of these risks to the employer is the reason given by many employers for switching from defined benefit to defined contribution plans over recent years.
A traditional pension plan that defines a benefit for an employee upon that employee's retirement is a defined benefit plan.
The benefit in a defined benefit pension plan is determined by a formula that can incorporate the employee's pay, years of employment, age at retirement, and other factors.
It had a defined benefit (DB) of half the last drawn salary upon retirement and this continued life-long and the family would continue getting it even after the pensioner’s death.
Usually, only the first 25% of a DC pension is tax free (the calculation for a defined benefit scheme will be different); the remaining 75% is taxed as earned income.
A separate defined benefit scheme, the £523m Thames Water Mirror Image Pension Scheme, is in surplus by £33m.
If you have a “defined benefit” (DB) pension, the rules will be different.
One important avenue to growth, cited in the Labour manifesto, is the prospect of unleashing some of the £1.4tn funds fossilised in Britain’s 5,100 defined benefit pension fund schemes.
One of the most startling policy successes of the past 20 years has been New Labour’s Pension Protection Fund (PPF), established in 2005, which takes over the management of distressed defined benefit pension funds, guaranteeing the future pensions.
If you’re in a defined benefit scheme, ask for an annual allowance statement so you can see exactly how much of it you’ve used up.
During the quarter, we settled approximately of our defined benefit obligation by purchasing annuities using plan assets.
This is one of the few defined benefit plans left in the country.
While half of this money has already been earmarked to help address the opioid epidemic, wouldn’t it be great if we could use the remaining windfall to transition to a defined benefit plan?