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A retirement plan, normally a pension, that provides "defined benefits" at a future date, like an annuity. Unlike a defined contribution plan (such as a 401(k)) in which a participant has their own account, in a defined benefit plan, the participant's money is normally pooled together with the other participant's money so that an individual participant's account is not segregated. It is your classic pension.
Consuelo Hauck
Wiki User
∙ 9y agoA benefit plan is a plan that lists all of your benefits. For example, a health insurance benefit plan will list your deductible, co-pay amounts and coverage amounts.
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What are the benefits of sky entertainment?
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How is the retirement plan and benefits of LPN?
What is the retirement plan of lpns?
A defined plan is part of which employee benefits?
retirement
What services does Neighborhood Health Plan provide?
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What is coordination of benefits?
Coordination of benefits allows a person which is covered by more than one health care plan ensures that he/she receives the benefits of a plan where he/she belongs. This is one way of protecting and avoiding over payment in a plan.
What represents an employee's total compensation plan?
Salary's and benefits
What are the benefits of having an ESOP plan?
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How can you benefits and savind plan?
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What is a health care plan enrollee?
An "enrollee" is the person who signed up for a health plan and is covered by the plan's benefits.
What plan would provide greater benefits and have lower premiums?
Group insurance plan
What plan foresaw the benefits of colonial unity Who proposed it?
THe Albany Plan, Benjamin Franklin
What is some of benefits of saving as individual?
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