The Ogaki Kyoritsu Bank (8361) · InitiativeAchieved
Partial Revision of the Retirement Benefit System and Transfer to a Defined Contribution Pension Plan
First written in FY2018-Q3. 1 of 2 entries say "Achieved", first in FY2018. Latest entry: FY2018.
2entries
1years
0from disclosures
How it moved
Same theme, other companies
Multiple Revisions to Retirement Benefit PlansA theme 6 companies write about · 1 as a headwind · 3 as a tailwind
2 other companies' latest entry also says "Achieved".
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Full recordFilings, disclosures and news, newest first
- FY2018AchievedAnnual report
「On 1 February 2018, the bank transferred part of its defined benefit corporate pension fund scheme to a defined contribution pension plan and reduced the benefit rate, while increasing lump-sum retirement benefits under part of its lump-sum retirement benefit scheme.」
The planned partial transfer of the defined benefit pension plan, reduction in the benefit rate, and increase in lump-sum retirement benefits were implemented on 1 February 2018, and a gain of ¥1,681 million from the revision of the retirement benefit system was recognized. - FY2018-Q3First statedAnnual report
「On 1 February 2018, the bank transferred part of its defined benefit corporate pension fund scheme to a defined contribution pension plan and reduced the benefit rate, while increasing lump-sum retirement benefits under part of its lump-sum retirement benefit scheme.」
Effective 1 February 2018, part of the defined benefit corporate pension fund was transferred to a defined contribution pension plan and the benefit rate was reduced, while lump-sum retirement benefits were increased under part of the lump-sum retirement benefit scheme. The impact of these changes and the transfer is still being calculated.