Integrated Pension Plan

Business, Legal & Accounting Glossary

Definition: Integrated Pension Plan




What is the dictionary definition of Integrated Pension Plan?

Dictionary Definition


A pension plan that is integrated with Social Security retirement benefits. In such plans, the monthly or yearly pension benefit is reduced by all, or some percentage of, the retiree’s Social Security check–although since 1988, the law has required that the plan leave at least half of the pension amount. These integrated plans work in one of two ways, either establishing a benefit goal for combined Social Security and pension benefits, or reducing your pension by a set percentage of your Social Security benefits.


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Integrated Pension Plan. PayrollHeaven.com. Retrieved September 16, 2021, from PayrollHeaven.com website: https://payrollheaven.com/define/integrated-pension-plan/

Definition Sources


Definitions for Integrated Pension Plan are sourced/syndicated and enhanced from:

  • A Dictionary of Economics (Oxford Quick Reference)
  • Oxford Dictionary Of Accounting
  • Oxford Dictionary Of Business & Management

This glossary post was last updated: 22nd April, 2020 | 3 Views.