defined pension plan

A pension plan in which the employer promises specific benefits to each employee.

— Also termed fixed-benefit plan. [Cases: Pensions 28. C.J.S. Pensions and Retirement Plans and Benefits §§ 11–15.]

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法律翻译Peter，毕业于一所旨在培养高级翻译专业人才的翻译院校，专注翻译各类与能源与矿业有关的法律文件。