Business, Legal & Accounting Glossary
A firm’s liability to the individuals that are covered under their pension plan. This is limited to 39 percent of the firm’s total net worth due to the Employee Retirement Income Security Act of 1974 (ERISA).
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Definitions for Contingent Pension Liability are sourced/syndicated and enhanced from:
This glossary post was last updated: 20th November, 2021 | 0 Views.