(redirected fromDefined contribution plan) Thesaurus Medical Legal Financial Acronyms Encyclopedia pen·sion1 (pĕn′shən) n. A sum of money paid regularly as a retirement benefit or by way of patronage. tr.v.pen·sioned,pen·sion·ing,pen·sions ...
Guide to Defined Contribution Plan & its definition. Here we discuss how does defined contribution pension plan works, its types along with examples.
Related to defined:Defined contribution plan,defined meaning de·fine (dĭ-fīn′) v.de·fined,de·fin·ing,de·fines v.tr. 1. a.To state the precise meaning of (a word or sense of a word, for example). b.To describe the nature or basic qualities of; explain:define the properties...
- target benefit plan is a type of pension plan that is similar to a defined contribution plan in that it involves fixed contributions, or a fixed range...- specifically dedicated to the plan. Separate accounts for each parti***nt do not exist. By contrast, in a defined contribution plan...
The meaning of DEFINED CONTRIBUTION PLAN is a pension plan in which the amount of the contributions made by the employer is fixed in advance and earnings are distributed proportionately.
defined contribution plan noun : a pension plan in which the amount of the contributions made by the employer is fixed in advance and earnings are distributed proportionately See the full definition Word of the Day bevy See Definitions and Examples » Get Word of the Day daily email!
In contrast, the retirement income you receive from a defined contribution plan depends on the amounts that were added to the plan, the way the assets were invested, and their investment performance. The way a particular plan is structured determines if you, your employer, or both you and yo...
Mr. John Sowards reported that the Retirement Policy Committee met on June 4, 2014, and stated that the Retirement Policy Committee received as information the Defined Contribution Unit Quarterly Reports for the Deferred Compensation Plan and the Optional Retirement Plan (ORP). Guangdong Polytechnic ...
Defined Contribution Plan A qualified retirement plan under which the employer is liable for a payment into the plan of a specific size, but not for the size of the resulting payments from the plan to participants. Federal Insurance Contributions Act of 1935 (FICA) ...
Defined Contribution Plan A qualified retirement plan under which the employer is liable for a payment into the plan of a specific size, but not for the size of the resulting payments from the plan to participants. Adjusted EBITDA Conventional earnings before interest, taxes, depreciation, and amo...