IBM Personal Pension Plan

IBM Personal Pension Plan is a single-employer non-contributory defined-benefit corporate pension based in Armonk, New York. Established in 1945, the plan provides pension benefits to the eligible employees of International Business Machines (IBM). It consists of a tax-qualified pension plan and a non-tax qualified (non-qualified) plan. The assets are managed by the IBM Retirement Plans Committee and the Plan Administrator. JPMorgan Chase Bank serves as the plan trustee.