{"id":2218,"date":"2011-06-28T07:10:26","date_gmt":"2011-06-28T07:10:26","guid":{"rendered":"http:\/\/www.yourhrworld.com\/formats\/?p=2218"},"modified":"2011-06-28T07:10:26","modified_gmt":"2011-06-28T07:10:26","slug":"defined-benefit-plan","status":"publish","type":"post","link":"https:\/\/www.yourhrworld.com\/formats\/compensation-and-benefits\/defined-benefit-plan\/","title":{"rendered":"Defined-Benefit Plan"},"content":{"rendered":"<p>An employer-sponsored retirement plan where <strong>employee benefits<\/strong> are sorted out based on a formula using factors such as salary history and duration of employment.<\/p><div class=\"69eb924294c115e6505da44099e8df92\" data-index=\"1\" style=\"float: none; margin:10px 0 10px 0; text-align:center;\">\n<script type=\"text\/javascript\"><!--\r\ngoogle_ad_client = \"pub-0867779017855679\";\r\n\/* 300x250, created 4\/20\/11 *\/\r\ngoogle_ad_slot = \"1035864135\";\r\ngoogle_ad_width = 300;\r\ngoogle_ad_height = 250;\r\n\/\/-->\r\n<\/script>\r\n<script type=\"text\/javascript\"\r\nsrc=\"http:\/\/pagead2.googlesyndication.com\/pagead\/show_ads.js\">\r\n<\/script>\n<\/div>\n\n<p>Investment risk and portfolio management are entirely under the control of the company.<\/p>\n<p>There are also restrictions on when and how you can withdraw these funds without penalties.<\/p>\n\n<div style=\"font-size: 0px; height: 0px; line-height: 0px; margin: 0; padding: 0; clear: both;\"><\/div>","protected":false},"excerpt":{"rendered":"<p>An employer-sponsored retirement plan where employee benefits are sorted out based on a formula using factors such as salary history and duration of employment. Investment risk and portfolio management are entirely under the control of the company. There are also restrictions on when and how you can withdraw these funds without penalties.<\/p>\n","protected":false},"author":2,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[514,530],"tags":[532],"class_list":["post-2218","post","type-post","status-publish","format-standard","hentry","category-compensation-and-benefits","category-employee-benefits","tag-benefit-plan"],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v27.9 - https:\/\/yoast.com\/product\/yoast-seo-wordpress\/ -->\n<title>Defined-Benefit Plan - HR Letter Formats<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/www.yourhrworld.com\/formats\/compensation-and-benefits\/defined-benefit-plan\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Defined-Benefit Plan - HR Letter Formats\" \/>\n<meta property=\"og:description\" content=\"An employer-sponsored retirement plan where employee benefits are sorted out based on a formula using factors such as salary history and duration of employment. 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