Defined Benefit Plan Features
There are many features that both Defined Benefit and Defined Contribution plans have in common. These include requirements for Eligibility, Vesting, Coverage, and others.
Other requirements are unique to Defined Benefit Plans, such as Participation.
The notion of a Normal Form of benefit versus Alternate Forms Of Benefit is almost unique to Defined Benefit Plans since most Defined Contribution Plans presume only one form of distribution (a single sum distribution of the entire account balance).
See Index below for complete listing.
Index of Features