Page 146 - CFF

Retirement plans

Retirement assets

• Defined-benefit plans

– Valuation can be very complex because of many factors
– General methods of valuation include the following:

– Discount the present value

– Divide the benefits and not estimate a value

• Defined-contribution plans

– The plans themselves provide and report values, some daily, some less
often
• For private sector plans, federal pension laws

supersede state laws

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