A new retirement plan is becoming popular throughout US companies. The plan may be beneficial to new employees, but the plan may not help the old employees.A few years ago, the traditional (defined benefit plan) was popular with many US companies. The plan rewards employees based on the following factors: salary, age, and years of service (

Some common words found in the essay are:
Pension Plan, pension plan, cash balance, cash balance pension, balance pension plan, balance pension, msncom cash balance, pension plans, msncom cash, salary seniority company, defined benefit plan, defined benefit, companies plan, 45 employee, plan beneficial, seniority company,
Approximate Word count = 426
Approximate Pages = 2 (250 words per page double spaced)