DEFINED BENEFIT PLAN

defined benefit plan: translation

A pension or other employee benefit plan that provides specified amounts of benefits to eligible participants. The specified amounts of benefits are usually determined based upon age, years of service, and/or levels of compensation. American Banker Glossary

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A pension plan obliging the sponsor to make specified dollar payments to qualifying employees at retirement. The pension obligations are effectively the debt obligation of the plan sponsor ( plan sponsors). Bloomberg Financial Dictionary

Related: defined contribution plan

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DEFINED CONTRIBUTION →← DEFINED BENEFIT PLAN

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DEFINED BENEFIT PLAN

сокр. DB plan, DBP страх., эк. тр. = defined benefit pension plan * * *система установленных льгот* * *План определенного преимущества (прибыли).Пенси... смотреть

DEFINED BENEFIT PLAN

Defined benefit plan: translation A pension plan in which the sponsor agrees to make specified dollar payments to qualifying employees. The pension obl... смотреть