Pension Equity Plan (PEP)

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Term: Pension Equity Plan (PEP)

Definition:Few people spend their entire career at one company anymore, so Pension Equity Plans (PEP) offer the guaranteed benefits of a defined benefit plan while expressing benefits in the terms of a current lump sum, which mobile employees can access if and when they leave their employer.

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CoursePage Number
74 - Trends in Retirement Plans 13
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World at Work
CPE Sponsors - Registry
CPE Sponsors - QAS
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CCC

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