Pension plans: more than a savings account for the hospital.
The option of terminating a healthcare organization's existing pension plan and pursuing asset reversion may present an attractive opportunity for an infusion of capital. However, a pension plan is more than a savings account. The analysis of whether or not to terminate a pension plan should not begin with an assessment of the organization's financial well-being, but rather an assessment of the pension plan, benefit structure, and overall corporate goals.
D003365:Costs and Cost Analysis; D005376:Financial Management / Q000379:methods*; D005377:Financial Management, Hospital / Q000379:methods*; D010415:Pensions; D012456:Salaries and Fringe Benefits; D014481:United States