New Hire Choice | |||
% of new hires entering DB plan % | % of new hires entering DB plan % | % of new hires entering DB plan % | % of new hires entering DB plan % |
Cash Balance | |||
Cash Balance annuity conversion rate % | Cash Balance annuity conversion rate % | Cash Balance annuity conversion rate % | Cash Balance annuity conversion rate % |
Cash Balance interest credit’s upside sharing % % | Cash Balance interest credit’s upside sharing % % | Cash Balance interest credit’s upside sharing % % | Cash Balance interest credit’s upside sharing % % |
Cash Balance interest credit’s expected return volatility % | Cash Balance interest credit’s expected return volatility % | Cash Balance interest credit’s expected return volatility % | Cash Balance interest credit’s expected return volatility % |
Cash Balance employee contribution rate % | Cash Balance employee contribution rate % | Cash Balance employee contribution rate % | Cash Balance employee contribution rate % |
Cash Balance employer pay credit % | Cash Balance employer pay credit % | Cash Balance employer pay credit % | Cash Balance employer pay credit % |
Smoothing period for interest credit rate for Cash Balance | Smoothing period for interest credit rate for Cash Balance | Smoothing period for interest credit rate for Cash Balance | Smoothing period for interest credit rate for Cash Balance |
Minimum interest credit rate granted for Cash Balance % | Minimum interest credit rate granted for Cash Balance % | Minimum interest credit rate granted for Cash Balance % | Minimum interest credit rate granted for Cash Balance % |
Maximum interest credit rate granted for Cash Balance % | Maximum interest credit rate granted for Cash Balance % | Maximum interest credit rate granted for Cash Balance % | Maximum interest credit rate granted for Cash Balance % |
COLA | |||
COLA (current active members) % | COLA (current active members) % | COLA (current active members) % | COLA (current active members) % |
COLA (new hires) % | COLA (new hires) % | COLA (new hires) % | COLA (new hires) % |
COLA (current retirees) % | COLA (current retirees) % | COLA (current retirees) % | COLA (current retirees) % |
One-time COLA (current retirees) % | One-time COLA (current retirees) % | One-time COLA (current retirees) % | One-time COLA (current retirees) % |
One-time COLA No | One-time COLA No | One-time COLA No | One-time COLA No |