Defined Benefit Plan - Law Dictionary Search Results
Home Dictionary Name: defined benefit plandefined benefit plan
defined benefit plan : a pension plan in which the amount of benefits paid to an employee after retirement is fixed in advance in accordance with a formula given in the plan ...
defined contribution plan
defined contribution plan : a pension plan in which the amount of the contributions made by the employer is fixed in advance and earnings are distributed proportionately ...
pension
pension : money paid under given conditions to a person following retirement or to surviving dependents see also defined benefit plan, defined contribution plan ...
cafeteria plan
cafeteria plan A type of employment benefits plan in which the employee selects benefits from a "menu," up to a specified dollar amount ...
benefit
benefit 1 : something that provides an advantage or gain ;specif : an enhancement of property value, enjoyment of facilities, or increase in general prosperity arising from a public improvement general benefit : a benefit to the community at large resulting from a public improvement special benefit : a benefit from a public improvement that directly enhances the value of particular property and is not shared by the community at large NOTE: In proceedings for a partial taking for the purpose of a public improvement, the condemning authority may use a special benefit to the remaining land as a set-off against the landowner's damages for the taking. 2 in the civil law of Louisiana : a right esp. that serves to limit a person's liability benefit of dis·cus·sion : the right of a surety being sued to compel the suing creditor to sue the principal first benefit of di·vi·sion : the right of a surety being sued to compel the suing creditor to also sue the cosureti...
insured plan
insured plan : a pension or retirement plan managed by an insurance company under which contributions are used to purchase life insurance or annuities as a means of funding the benefits promised ...
employee stock ownership plan (esop)
employee stock ownership plan (esop) An employer-provided benefit that allows employees to purchase stock in the company under certain favorable terms ...
noncontributory
noncontributory : making or involving no contribution ;specif : involving, relating to, or being an employee benefit plan (as a pension plan) in which the employer pays the entire cost ...
Qualifying event
Qualifying event, means any one of several specified occasions that, but for the continuation of coverage provisions under the Consolidated Omnibus Budget Reconciliation Act of 1985 (COBRA), would result in a loss of benefits to a covered employee under a qualified benefit plan, Black's Law Dictionary, 7th Edn., p. 1254....
Plan
Plan. In the (English) Copyright Act, 1911, 'literary work' includes 'plans' (s. 35); and see also as to plans, s. 2, sub-s. (1) (ii). see COPYRIGHT. Under various Acts, plans have to be deposited with local authorities for various purposes. If the local authority neglects to pass the plans the remedy is by mandamus, Davis v. Bromley Corporation, (1908) 1 KB 170 and R. v. Cambrdige Corporation, (1922) 1 KB 250. As to a purchaser's right to have the property conveyed to him by reference to a plan on his conveyance, see Re Sansom, (1910) 1 Ch 741; Re Sparrow, ib. 2 Ch 60, and as to maps as evidence, Storey v. Eastborune R.D.C., (1927) 1 Ch 367.Under the Land Registration Act, 1925, s. 76, land may be described by description on a map or plan. For the practice of the Land Registry, consult The Land Registry General Map, by W.S. Tratman, and LR Rules, 272-285.As to the property in plans, see ARCHITECT.In common acceptation mean 'a drawing or diagram made by projections on a horizontal plan...
- << Prev.
- Next >>
Sign-up to get more results
Unlock complete result pages and premium legal research features.
Start Free Trial