Age-Weighted Plan

Business, Legal & Accounting Glossary

Definition: Age-Weighted Plan


Age-Weighted Plan


Full Definition of Age-Weighted Plan


A retirement plan characterized by the fact that both the age and compensation level of an employee are used to determine benefits. Usually the weighting is toward older employees, who therefore accumulate more benefits per year.


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https://payrollheaven.com/define/age-weighted-plan/
Modern Language Association (MLA):
Age-Weighted Plan. PayrollHeaven.com. Payroll & Accounting Heaven Ltd.
March 28, 2024 https://payrollheaven.com/define/age-weighted-plan/.
Chicago Manual of Style (CMS):
Age-Weighted Plan. PayrollHeaven.com. Payroll & Accounting Heaven Ltd.
https://payrollheaven.com/define/age-weighted-plan/ (accessed: March 28, 2024).
American Psychological Association (APA):
Age-Weighted Plan. PayrollHeaven.com. Retrieved March 28, 2024
, from PayrollHeaven.com website: https://payrollheaven.com/define/age-weighted-plan/

Definition Sources


Definitions for Age-Weighted Plan are sourced/syndicated and enhanced from:

  • A Dictionary of Economics (Oxford Quick Reference)
  • Oxford Dictionary Of Accounting
  • Oxford Dictionary Of Business & Management

This glossary post was last updated: 19th November, 2021 | 0 Views.