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Article I and Article III tribunals - In the United States, federal courts or tribunals can be classified as either Article I tribunals or Article III tribunals.

Pension Benefit Guaranty Corporation - The Pension Benefit Guaranty Corporation (or PBGC) is an independent agency of the United States government created by the Employee Retirement Income Security Act of 1974 (ERISA) to encourage the continuation and maintenance of voluntary private pension plans, provide timely and uninterrupted payment of pension benefits, and keep pension insurance premiums at a minimum. Defined benefit pension plans promise to pay a specified monthly benefit at retirement, commonly based on salary and years on the job.

Pension Parachute - A pension parachute is a form of poison pill that prevents the raiding firm of a hostile takeover from utilizing the pension assets to finance the acquisition. When the target firm is threatened by an acquirer, the pension plan assets are only available to benefit the pension plan participants.

Basic state pension - The Basic State Pension is one part of the United Kingdom's Government pension arrangement, alongside Graduated Retirement Benefit and State Earnings Related Pension scheme (Now State Second Pension).


Suggested Web Sites

John Ralfe Consulting - Pensions consultancy. Includes an extensive range of pensions news and articles.

Benefits Canada: Pensions - Articles on various aspects of retirement funds.

Solving the Global Pensions Crisis - An article with brief overviews of pension problems around the world, from the CATO Institute.

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