Defined Benefit Plan (pension)

Report a defined benefit plan in Schedule A, and report your participation in the plan in Schedule C, Part II. Report a defined benefit plan in which your spouse participates in Schedule A only.

Defined Benefit Plan: Examples of Individuals Not Yet Receiving Benefits
Defined Benefit Plan: Examples of Individuals Receiving Benefits

For You

Schedule A

Report a defined benefit plan if the value of the plan was more than $1,000 at the end of the reporting period or if you received more than $200 in retirement payments during the reporting period. Do not report a plan that you obtained through federal government employment. 

Block A: Report the name of the employer providing the plan and write “defined benefit plan.”

Block B: Report the value of the plan by marking the appropriate column. If you cannot ascertain the value, leave Block B blank and write “value not readily ascertainable” in Block A (and provide additional information in Block C, as described below).

Block C: If you are receiving payments, provide the monthly or annual amount that you receive (e.g., “$3,000/mo”). If you are not receiving payments, mark the “None (or less than $201)” column, unless you were unable to provide a value in Block B. If you are (a) not receiving payments and (b) did not provide a value in Block B, provide the monthly or annual amount that you will be eligible to receive at a certain age (e.g., “eligible for $3,000/mo at age 65”).

Schedule C, Part II

You also need to report your participation in a defined benefit plan in Schedule C, Part II.

Terms: Identify the plan as a defined benefit plan and indicate whether you will continue to participate in the plan.

Parties: Provide the name of the employer as well as the city and state in which the employer is located.

Date: Provide the month and year in which you began participating in the plan. This often is the date you became an employee of the organization.

For Your Spouse

Schedule A

Report a defined benefit plan if the value of the plan was more than $1,000 at the end of the reporting period or if your spouse received more than $1,000 in retirement payments during the reporting period. Do not report a plan that your spouse obtained through federal government employment. 

Block A: Report the name of the employer providing the plan and write “defined benefit plan.”

Block B: Report the value of the plan by marking the appropriate column. If you cannot ascertain the value, leave Block B blank and add the following note to your Block A description: “value not readily ascertainable.”

Block C: If your spouse is receiving payments, write “spouse’s pension” in the “Other Income” column.” If your spouse is not receiving payments, mark the “None (or less than $201)” column.

Schedule C, Part II

Do not report a defined benefit plan in which your spouse participates in Schedule C, Part II.

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This guide is not intended to provide investment advice, and you should not rely on statements in this guide when making investment decisions.