I forgot the password for laser mouse and I can not connect this to a laptop. How do I cancel it? Reply.
ERISA, establishes an important statutory. role for pension actuaries in the United States. As part of its statutory goal to protect the retirement se-. curity of Americaâs workers, ERISA requires tax-quali-. fied defined benefit plans to obtain an actuarial. valuation of plan reserves each year. When valuing the. plans râ eserves, the actuary is required by ERISA to act on. behalf of plan participants.
You typically don't fork over any of your paycheck to participate in a defined benefit plan. Your employer does. But you do have to put your own money into a defined contribution plan like a 401(k) or a 403(b) . Obviously, a defined benefit plan is a much better deal for you. Because defined benefit plans are more costly for employers than defined contribution plans, most of them have-you guessed it-scaled back dramatically or eliminated these plans altogether in recent years. If you still have a defined benefit plan at your company, consider yourself lucky. Some employers offer both defined benefit plans and defined contribution plans. If yours does, you should definitely participate in the defined contribution plan as well.