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Voluntary Deductible Employee Contribution Plan
(redirected from Voluntary Deductible Employee Contribution Plans)

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Voluntary Deductible Employee Contribution Plan
An optional, individual plan in which employees join a pension and pay the premiums by having their employer deduct a portion of their paycheck every month or pay period. The employer does not make any contributions to the plan and, as a result, employees may take the plan with them if they change jobs.


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