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Benefit Offset |
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Benefit Offset A reduction of benefits that a retiree receives when he/she has not made sufficient contributions to a retirement plan. Many retirement plans and government programs allow benefit offsets when the beneficiary has overdue payments and/or has not contributed for a certain period of time. A benefit offset exists to protect the company or government from abuse by beneficiaries. Want to thank TFD for its existence? Tell a friend about us, add a link to this page, add the site to iGoogle, or visit the webmaster's page for free fun content. |
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