Below you will find example sentences with "defined contribution". The examples show how this phrase is used in natural context and which words often surround it.

Defined Contribution in a sentence

Corpus data

  • Displayed example sentences: 20
  • Discovered as a combination around: defined
  • Corpus frequency in the collocation scan: 14
  • Phrase length: 2 words
  • Average sentence length: 26 words

Sentence profile

  • Phrase position: 8 start, 7 middle, 5 end
  • Sentence types: 20 statements, 0 questions, 0 exclamations

Corpus analysis

  • The phrase "defined contribution" has 2 words and usually appears near the start in these examples. The average sentence has 26 words and is mostly made up of statements.
  • Around this phrase, patterns and context words such as a defined contribution plan is, are overwhelmingly defined contribution with members, plan, benefit and plans stand out.
  • In the phrase index, this combination connects with defined benefit, significant contribution and outstanding contribution, linking the page to nearby combinations.

Example types with defined contribution

This selection groups the examples by length and sentence type, making usage of the full phrase easier to scan:

Target benefit plans are defined contribution plans made to match (or resemble) defined benefit plans. (15 words)

The refinery, which says it is trying to remain competitive, is moving toward a defined contribution plan. (17 words)

Defined contribution plans main In a defined contribution plan, contributions are paid into an individual account for each member. (19 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)

Beneficiaries either pay no tax on inherited defined contribution pension pots up to the deceased's lifetime allowance limit, if the owner dies before age 75, or their normal income tax rate if they are 75 or over. (38 words)

Example sentences (20)

Defined contribution plans main In a defined contribution plan, contributions are paid into an individual account for each member.

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.

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.

Defined benefit pensions tend to be less portable than defined contribution plans, even if the plan allows a lump sum cash benefit at termination.

Financing Defined contribution pensions, by definition, are funded, as the "guarantee" made to employees is that specified (defined) contributions will be made during an individual's working life.

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.

Target benefit plans are defined contribution plans made to match (or resemble) defined benefit plans.

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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.

Australian super funds are overwhelmingly defined contribution with members withdrawing money according to their needs and what they can afford.

Chancellor Jeremy Hunt certainly thinks so, and his Mansion House speech in July set-out how defined contribution pensions should invest 5 per cent of their assets in private equity, venture capital and start-ups.

Persuading defined contribution schemes, local authority pension funds and others to pick up the slack is a titanic task.

Around 14 million people, or half of defined contribution pension savers, are not on track for their expected retirement income.

Beneficiaries either pay no tax on inherited defined contribution pension pots up to the deceased's lifetime allowance limit, if the owner dies before age 75, or their normal income tax rate if they are 75 or over.

Beneficiaries of most defined contribution pension pots pay no tax at present if the owner dies before age 75 - though there are tricky rules to be aware of especially on larger funds.

Lyndonna Hillaire-Marshall, Permanent Secretary, Department of Public Administration, said the key feature of the new pension is defined contribution.

PenCom’s managed Contributory Defined Contribution Scheme (DCS) has dramatically changed the pension narrative for the better and prompt payment of contributors.

A defined contribution plan is a post-employment benefit plan under which an entity pays fixed contributions into a separate entity and will have no legal or constructive obligation to pay further amounts.

The new law also changed the RMD rules for defined contribution plans and IRAs upon death of the employee or owner.

The refinery, which says it is trying to remain competitive, is moving toward a defined contribution plan.

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