Exchange Currency

floor plan

Hybrid employee benefit plan combining certain aspects of both defined-benefit and defined-contribution plans. Its objective is to ensure that retiring employees receive a certain minimum ('the floor') of the benefits irrespective of the losses that may occur in the defined-contribution plans, and that they benefit from investment gains accrued under the defined benefit plans. In this arrangement, the employer maintains two plans: a defined-contribution plan (any plan other than a section 401(k) cash or deferred plan) that serves as the primary fund for the retirement benefits, and a defined-benefit plan that uses a benefit-formula to establish the floor benefits. If the defined-contribution benefits fall below the floor, the defined-benefit plan makes up the shortfall. This scheme also allows an employer to offer early retirement benefits not permissible under a defined-contribution plan. also called floor-offset plan.

Related information about floor plan:
  1. Floor plan - Wikipedia, the free encyclopedia
    In architecture and building engineering, a floor plan, or floorplan, is a drawing to scale, showing a view from above, of the relationships between rooms, spaces ...
     
  2. Create floor plans, house plans and home plans online with ...
    Floor plan interior design software. Design your house, home, room, apartment, kitchen, bathroom, bedroom, office or classroom online for free or sell real estate ...
     
  3. Floor Plan Software - Gliffy
    Gliffy.com is a web-based diagram editor. Create and share flowcharts, network diagrams, floor plans, user interface designs and other drawings online.
     
  4. House Plans – Home Plans, Floor Plan Collections and Custom ...
    The best collection of House Plans, Home Plans, Floor Plans and Home Designs from top architects and designers from HousePlans.com.
     
  5. Floor Plans Software - Download SmartDraw FREE to easily draw ...
    Top reasons SmartDraw is the ideal floor plan software: Quick-Start Templates Dozens of floor plan examples make you instantly productive. Choose a floorplan ...
     
  6. Create House Floor Plans Online with Free Floor Plan Software
    Create and furnish your house floor plans online with free floor plan software. Share home remodeling plans and high-resolution images of your designs online ...
     
  7. Floor Plan
    floorplanla@yahoo.com. floorplanla@yahoo.com. Home · Photo Gallery · Sofas & Sectionals · Occasional Chairs · Coffee Tables · Media Units · Dining ...
     
  8. House Plans and Home Plans | Search Thousands of House and ...
    Ingenious planning yields this gorgeous design with an open floor plan separated into distinct areas for entertaining, family gathering, and sleeping. Creating ...