target benefit plan

A money-purchase plan that sets a “target” benefit for each participant and mandates employer contributions determined by an actuarial cost method designed to fund the target benefit.

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词条贡献者

译员Nanda，毕业于英国顶尖的高级翻译学院，专注翻译各种与证券和消费者集体诉讼有关的法律文件。