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Keywords:
Noncontributory,
Pension,
Retirement,
Employee,
Participants
Any group insurance plan (life, health or pension) which calls for employees/participants to pay a portion of the costs.
Any pension or employee benefit plan in which plan participants can or must make contributions to the plan out of their own funds. Contrast with noncontributory plan.----------[ Back
A contributory plan is a plan that requires its members to make contributions in order to earn retirement service credit.
A plan which requires employees to pay part of the cost for the benefit plan.
A group insurance plan under which individual group members must contribute some or all of the premium in order to be covered under the group plan. This term also refers to a retirement plan that requires plan participants to make contributions to fund the plan.
Group plan under which the insured shares in the cost of the plan with the policyholder.
a plan in which money for pension benefits is contributed by both employees and employers ”N‹à‹'o•ª'S
A pension plan that requires the employee to make contributions by payroll deduction in order to qualify for benefits under the plan.
(1) A group insurance plan under which insured group members must contribute some or all of the premium for their coverage. (2) A retirement plan that requires plan participants to make contributions to fund the plan. See also noncontributory plan.
A pension plan which requires the employees to make contributions (withheld from earnings) in order to qualify for benefits under the plan.
A method of payment for group insurance coverage in which part of the premium is paid by the employee and part is paid by his/her employer or unit.
Pension plan in which the money for pension benefits is paid in by both employees and employers.
(1) A group insurance plan under which individual group members must contribute some or all of the premium in order to be covered under the group plan. (2) A retirement plan that requires plan participants to make contributions to fund the plan. Contrast with noncontributory plan.
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