Ask Me Help Desk

Ask Me Help Desk (https://www.askmehelpdesk.com/forum.php)
-   Human Resources (https://www.askmehelpdesk.com/forumdisplay.php?f=165)
-   -   Defined Benefit Plan (https://www.askmehelpdesk.com/showthread.php?t=652945)

  • Apr 21, 2012, 07:22 AM
    matty1234
    Defined Benefit Plan
    I am negotiating an offer at a company that has a defined benefit retirement plan. I have 6 years of experience in my field. Is it reasonable to ask that I be placed in the plan as if I had 6 years of service at the company?
  • Apr 21, 2012, 07:33 AM
    Curlyben
    Depends on what the plan offers.
    To push for inclusion at that level is rather presumptuous.

    To be honest, a mere 6 years experience in a field still has a lot to learn.
    I've been in my current professional field for the last 15 years and previous to that for 10 years, yet I would not consider a jump in benefits as I am still the "New Boy" in that company.

    Your experience got you the job, not the benefits as they are earned.
  • Apr 21, 2012, 06:04 PM
    matty1234
    I was not implying that my six years of experience means I have nothing to learn, you were assuming a lot with that answer which did not actually address my question. I asked if years of service in a defined benefit plan was something that could be negotiated.
  • Apr 21, 2012, 06:32 PM
    Fr_Chuck
    You can of course always ask, I doubt they will offer it, but all they can say is no if you ask.
  • Apr 21, 2012, 06:42 PM
    ScottGem
    Generally its not. Defined Benefit plans are governed by a plan document. And companies do not have flexibility about eligibility.

  • All times are GMT -7. The time now is 02:29 AM.