词汇 | defined benefit plan |
释义 | `1`defined benefit plan `2` "Nolo Everybody's Legal Dictionary": A type of pension plan that pays a definite, pre-determined amount of money when the worker retires or becomes disabled. The amount received is based on length of service with a particular employer. Most often, the monthly benefit is a fixed amount of money for each year of service. Payments under a defined benefit plan may also be calculated as a percentage of salary over the years. See Topic: Employment Law Retirement & Elder Care |
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