Cash balance plans in the USA: dispelling the myths and misconceptions

Article Abstract:

An critical perspective on cash balance plans adopted during the 1980s in the United States and their continuation till date, the legal uncertainties surrounding them, and the conclusion drawn on the basis of conducting research reasoning that they are assumed to be exaggerated or are untrue are discussed.

Author: Sher, Larry
United States, Legal issues & crime, Government regulation (cont), Government regulation, Science & research, Legal/Government Regulation, Research, Evaluation, Laws, regulations and rules, Defined benefit plans

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Performance-based gains wider acceptance: global

Article Abstract:

More multinational firms are adopting pay and benefit programs in order to derive cost savings. The findings of Tower Perrin's '2005-2006 Worldwide Total Remuneration' study are presented.

Author: St John-Brooks, Irena
United Kingdom, Personnel administration, Multinational Corporations, Usage, Economic aspects, Human resource management, Compensation and benefits, International business enterprises, Company personnel management, Pay-for-knowledge systems, Pay for knowledge systems

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