Free Republic
Browse · Search
General/Chat
Topics · Post Article

To: ransomnote
A bit more to it.

https://lawfilesext.leg.wa.gov/biennium/2025-26/Pdf/Bills/House%20Passed%20Legislature/2034-S2.PL.pdf?q=20260506123943

Defined benefit plans pay their benefit and that's it. Any surplus can be reallocated.

Unlike your 401k which, if it skyrockets to unbelievable proportions, you get to keep all you earned.

Not so for defined benefit plans.

37 posted on 05/06/2026 12:45:23 PM PDT by fruser1
[ Post Reply | Private Reply | To 1 | View Replies ]


To: fruser1

This is true, which is why when funding got high, pension plans would try to increase benefits for plan members at no cost to the taxpayers…surplus funds from good investment years paid for it.


83 posted on 05/06/2026 5:59:52 PM PDT by ripnbang ("An armed man is a citizen, an unarmed man, a subject.")
[ Post Reply | Private Reply | To 37 | View Replies ]

Free Republic
Browse · Search
General/Chat
Topics · Post Article


FreeRepublic, LLC, PO BOX 9771, FRESNO, CA 93794
FreeRepublic.com is powered by software copyright 2000-2008 John Robinson