Attachment A - Proposed Defined Benefit Questions

Attachment A - Proposed Defined Benefit Questions.doc

National Compensation Survey

Attachment A - Proposed Defined Benefit Questions

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Attachment A,

1/9/2008

Proposed questions for the NCS Survey


Questions National Compensation Survey plans to ask respondents who have defined benefit pension plans:


1. Are new employees able to participate in this defined benefit plan?


     Yes (Finished)

     No

     Not Determinable


2. In what year did new employees become ineligible to participate in this plan?


Year: ___________ (Approximate year is acceptable)

     Not determinable


3. You may have heard that some companies have decided to freeze benefits in their pension plans. For this plan, have benefits been frozen or are they still accruing for participants?


     All current participants continue to accrue benefits

     A subset of current participants accrue benefits

     No current participants are accruing benefits

     Not determinable


4. What are other retirement plan options for those who could not participate in this plan?


     A new defined benefits plan

     A new defined contributions plan

     An enhancement of an existing defined contributions plan

     Other

(if choosing from the following, only one choice may be checked)

     Nothing replaced the defined benefits plan

     Not determinable


In Question 3, a “subset of current participants” means there is a group of employees that still accrue benefits, and a group that does not. An example of this would be if people hired only before a certain date still get the accrual. This is the case with the Federal defined benefit plan. 


File Typeapplication/msword
File TitleDraft: 1/9/2008
AuthorCarney_P
Last Modified ByNora Kincaid
File Modified2008-01-09
File Created2008-01-09

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