defined benefit plan
DefinitionA company retirement plan, such as a pension plan, in which a retired employee receives a specific amount based on salary history and years of service, and in which the employer bears the investment risk. Contributions may be made by the employee, the employer, or both.
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defined benefit plan is ...
... part of the Retirement subject.
... part of the Retirement subject.
Related Terms
floor plan, overfunded pension plan
defined benefit plan appears in the definitions of these other terms on BusinessDictionary.com
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