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Technology Stocks : Intel Corporation (INTC) -- Ignore unavailable to you. Want to Upgrade?

To: rkral who wrote (178477)	6/30/2004 4:51:57 PM
From: Elmer Phud	Respond to of 186894

Ron - IMO the "guarantee" makes it a defined-benefit plan. Then that's what it is, thanks.

To: rkral who wrote (178477)	6/30/2004 6:19:29 PM
From: Robert O	Read Replies (1) \| Respond to of 186894

elmerp, re "has a pension plan into which they make yearly contributions. Intel guarantees an employee a minimum pension upon retirement. " IMO the "guarantee" makes it a defined-benefit plan. ############# If there really is a 'guarantee.' This one sniffs like a defined contribution plan (401k portion) that also has a profit sharing account line item that gets paid to employees each year based on a profit formula. Feels like a defined contribution plan overall and not a defined benefit plan. Can't one Intel employee just tell us the straight dope? It's not like benefits are a state secret from the public. In fact if I had the time I'd eye the financials and see if there's enough there to determine status. RO