Business, Legal & Accounting Glossary
The premature payout of pension benefits in the event of an employer going out of business or divestiture from an existing pension plan. Employees may either receive all their personal payments plus interest or a portion of their existing benefits, at the employer’s discretion.
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Definitions for Allocation Of Plan Assets On Termination are sourced/syndicated and enhanced from:
This glossary post was last updated: 20th November, 2021 | 0 Views.