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Accrued benefits |
Also found in: Medical, Wikipedia, Hutchinson | 0.01 sec. |
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Accrued benefits The pension benefits earned by an employee according to the years of the employee's service. |
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? Mentioned in | ? References in periodicals archive | |
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| If such a
plan offers a lump-sum distribution as an optional benefit form, the PPA
'06 requires it to convert accrued benefits to lump-sum equivalents
using interest rates based on the corporate bond yield curve. You may also allow employees to view employee-specific information,
such as schedules or accrued benefits, directly on the BioScreen (and
print this information, if BioScreen is connected to network printer). Still, if the NYSE had reported
Grasso's pay and accrued benefits each year--as companies it
regulates must--the pay plan would have been scuttled. |
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Accrued benefits
