5 percent of Fortune 1000 companies that have defined benefit pension plans have frozen at least one such plan, according to a new analysis.
What does DB stand for?
DB stands for Defined Benefit (type of qualified retirement plan)
This definition appears very frequently and is found in the following Acronym Finder categories:
- Business, finance, etc.
See other definitions of DB
We have 60 other meanings of DB in our Acronym Attic
- Debug (assembly language ASM51 assembler control)
- Declining Balance
- Dedicated Buffer
- Deed Book (Recorder of Deeds)
- Defence Board
- Defensive Back (football)
- Define Byte (assembly language directive)
Samples in periodicals archive:
speaking at another APHA session, warned that legislation that weakens defined benefits for Social Security, Medicare, and Medicaid jeopardizes the long-term existence of those financing systems.
Traditional defined benefit pension plans have taken a backseat--in perception if not in reality--to their defined contribution counterparts for the better part of the past two decades.
Prior to the EGTRRA effective date, the defined benefit dollar limit was $140,000 for 2001; under EGTRRA Section 611(a), it increased to $160,000 starting in 2002.