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词汇 defined benefit plan
释义

Definition of defined benefit plan in US English:

defined benefit plan

(also defined benefit pension plan)
noun
US
  • A company pension plan in which an employee's pension payments are calculated according to length of service and the salary they earned at the time of retirement.

Definition of defined benefit plan in US English:

defined benefit plan

(also defined benefit pension plan)
noun
US
  • A company pension plan in which an employee's pension payments are calculated according to length of service and the salary they earned at the time of retirement.

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