{"iri":"https://lexicon.financial/business/bls/CashBalancePlan","label":"Cash balance plan","definition":"Defined benefit plan guaranteeing a benefit amount to covered employees on the basis of a known formula designed to provide a lump sum at retirement.","license":"https://www.usa.gov/government-copyright","source":"bls","source_url":"https://www.bls.gov/bls/glossary.htm"}