Posts tagged "Benefit Plan"

Defined-Benefit Plan

An employer-sponsored retirement plan where employee benefits are sorted out based on a formula using factors such as salary history and duration of employment.

Investment risk and portfolio management are entirely under the control of the company.

There are also restrictions on when and how you can withdraw these funds without penalties.

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Posted by Hrformats - June 28, 2011 at 7:10 AM

Categories: Compensation and Benefits, Employee Benefits   Tags: