The IRS published cost-of-living adjustments to various pension plans and related amounts for 2015. For instance, the (1) benefit limit for defined benefit plans remains unchanged at $210,000; (2) defined contribution plan limit goes from $52,000 to $53,000; (3) compensation limit for determining benefits and contributions increases from $260,000 to $265,000; (4) definition of a highly compensated employee increases from $115,000 to $120,000; (5) elective deferral limit for employees who participate in 401(k), 403(b), and most 457 plans goes from $17,500 to $18,000; and (6) limit on contributions to SIMPLE accounts also increases from $12,000 to $12,500. News Release IR-2014-99.