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Human resources and labor relations

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DC plans: what progress?

Article Abstract:

Few companies have set up defined contribution plans for their employees to overcome increasing cost problems with their existing defined benefit plans by a switch to defined contribution. The obstacle in setting up a pension arrangement in which costs can be kept under better control is the relatively inflexible and complicated regulations for contribution rates and the rules concerning switching from defined benefit to defined contribution.

Author: Johansen, Jimmy
Publisher: Pension Publications Ltd.
Publication Name: Benefits & Compensation International
Subject: Human resources and labor relations
ISSN: 0268-764X
Year: 2003
Pension, health, and welfare funds, Pension Funds & Benefit Plans, Pension Funds, Defined contribution plans

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The role of pensjonskasse

Article Abstract:

Large companies adopt pensjonskasse model as it helps to decide on risk equalization, the equity capital ratio and other financial matters. It has to be set up as a company scheme under the Corporate Pensions Act, adapted to complement national insurance benefits and therefore it only covers pensions on income up to 12 G and apply the retirement ages permitted by the act.

Author: Grinde, Anneliv Hoset
Publisher: Pension Publications Ltd.
Publication Name: Benefits & Compensation International
Subject: Human resources and labor relations
ISSN: 0268-764X
Year: 2003
Pensions, Employee benefits

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Remuneration: towards performance-based pay

Article Abstract:

Norwegian pay policies are developing towards performance-based individual reward, both at executive and non-executive level. It is further suggested that rationalization and cost control in all processes needs a new way of considering remuneration that is moving away from the traditional democratic way of thinking towards a flexible, incentive-based pay system.

Author: Pedersen, Cecilie, Steinskog, Kjersti
Publisher: Pension Publications Ltd.
Publication Name: Benefits & Compensation International
Subject: Human resources and labor relations
ISSN: 0268-764X
Year: 2003
Administration of General Economic Programs, Wage & Price Stabilization, Wages, Wages and salaries, Wage price policy, Wage-price policy, Salary

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Subjects list: Laws, regulations and rules, Government regulation, Norway
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