Retirement offers many new opportunities.
With a little planning, you can do all the things you've rarely had the time to do. A pension offers you the financial security to enjoy these opportunities. This free publication explains what defined benefit pensions are and features a checklist to help you keep track of important benefits information. A defined benefit plan promises to pay retired workers a specific monthly benefit that continues for the rest of their lives. The amount is known in advance and usually based on factors such as age, salary and years of service.