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a set amount an employee will receive at retirement

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13y ago

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Related Questions

Which of these is the best description of a total compensation plan?

the wages and benefits an employee receives at a job...


A defined plan is part of which employee benefits?

retirement


Which of these is the best description of a defined contribution plan?

the money an employer puts into a retirement fund for each employee


Defined benefit pension plan?

A plan that that provides defined benefits. Supplemental Social Security offers several retirement plan for family and individuals.


What is a defined benefits plan?

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.


What is Defined benefits plan?

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.


Which defined benefit plan is part of which employee benefits?

retirement ;)


Both the employer and the employee contribute to which of these benefits?

Defined contribution plan


What is a benefits plan?

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.


What is benefits plan?

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.


What are the benefits of a defined benefit pension plan?

A defined benefit pension plan is one where the employer pays all the premiums and makes all the decisions on where to invest. The benefits of this plan are that, as an employee, you don't have to put in your own money and you don't have to do anything other than to show up to work.


The medical term protocol is best defined as?

Plan of Study