Pension Plan Designthe offset plan approach is a more reasonable and direct method of inte- grating pension plans with Social ... significant to the sponsor as the changes in the direct Social Security payroll taxes. Further, there are ...
Description: This 1978 discussion session focuses on the impact on pension plan design due to: 1. The 1977 Amendments to the Social Security Act, 2. The Administration's proposal in regard to integration of private pension plan benefits with Social Security benefits, 3. The requirement to eliminate compulsory retirement prior to age 70, and 4. The U.S. Supreme Court decision in City of Los Angeles Department of Water and Power, et al. v. Manhart, et al. which held that an employer violates Title VII of the Civil Rights Act of 1964 when it requires women to contribute more than men to a pension fund in order to receive the same level of benefits.Hide
- Authors: Paul C Hart, Daryle G Johnson, Michael J Mahoney, Martin Stempel
- Date: Jun 1978
- Competency: External Forces & Industry Knowledge
- Publication Name: Record of the Society of Actuaries
- Topics: Demography>Gender factors; Pensions & Retirement>Plan design