TAILIEUCHUNG - Lecture Managerial finance - Chapter 29: Pension plan management

Chapter 29 provides knowledge of pension plan management. This chapter presents the following content: Pension plan terminology, defined benefit versus defined contribution plans, pension fund investment tactics, retiree health benefits. | Chapter 29 Pension Plan Management Topics in Chapter Pension plan terminology Defined benefit versus defined contribution plans Pension fund investment tactics Retiree health benefits How important are pension funds? They constitute the largest class of investors. They hold about 33% of all U. S. stocks. Pension Plan Terminology Defined benefit plan: Employer agrees to give retirees a specific benefit, generally a percentage of final salary. Defined contribution plan: Employer agrees to make specific payments into a retirement fund, frequently a mutual fund. Retirees’ benefits depend on the investment performance of their own fund. 401(k) is the most common type. (More.) Profit sharing plan: Employer payments vary with the firm’s profits. (Defined contribution, but as a percentage of profits). Cash balance plan: Employer promises to put a specified percentage of the employee’s salary into the plan, and to pay a specified return on the plan’s assets. (More.) .

• Tài chính doanh nghiệp
• Managerial finance
• Lecture Managerial finance
• Financial statements
• Pension plan management
• Pension plan terminology
• Retiree health benefits
• Principles of managerial finance
• Lecture Principles of managerial finance
• Environment of managerial finance
• Financial services
• Career opportunities
• Financial analysis
• Cash flow
• Financial planning
• Time value of money
• Future calue
• Risk and Return Fundamentals
• Interest rates
• Bond valuation
• Stock valuation
• Equity capital
• International managerial finance
• Capital budgeting cash flow
• Incremental cash flows
• Capital budgeting techniques
• Net present value
• The cost of capital
• Cost of long term debt
• Marginal cost
• Breakeven analysis
• Capital structure
• Operating breakeven point
• Working capital
• Current asset management
• Spontaneous liabilities
• Accounts payable management
• Short term loans
• Financial options
• Corporate finance
• Option terminology
• Dividend policy
• The financial market environment
• Corporate governance
• Managerial behavior
• Stock options
• Capital budgeting cash flows
• Payout policy
• Current liabilities management
• Business organization
• Maximize wealth
• Financial securities
• Free cash flows
• Future value
• Present value
• Rates of return
• Balance sheet
• Personal taxes