Defined Benefit Combo Cash Balance Compliance Consultant Loren D. Stark Company (LDSCO)
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Bates & Company, Inc.
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Regional Vice President of Sales The Retirement Plan Company
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Compass
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AimPoint Pension
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Loan & Distribution Specialist AimPoint Pension
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Declining Asset Values in Defined Benefit Plans Could Invoke Benefit Restrictions and Deferred Compensation Concerns
Deloitte [Guidance Overview] Nov. 25, 2008
Excerpt: Single-employer defined benefit plans that fail to reach specified funding attainment levels will trip increasingly severe benefit restrictions (e.g., prohibitions against plan amendments, against payment of amounts in excess of single life annuity payments, and eventually against benefit accruals). At-risk defined benefit plans will also restrict the ability of publicly-traded corporations to set aside amounts for the purpose of paying deferred compensation to the executive officers.
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