There are currently 3 Definitions in this directory beginning with the letter E.
A participant's earliest retirement age is specified in the Plan document. There is no federal law mandating that a Defined Benefit Plan contain an early retirement provision. Nevertheless, the majority of these plans permit retirement prior to normal retirement age (defined below).
The key piece of federal law relating to pensions and divorce. Employee Retirement Security Act.
Excess Benefit Plan
A Non-Qualified Plan that provides an executive with a pension in excess of the limits permitted for general employees.