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contributory pension plan

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contributory pension plan
A pension plan in which the participating employees are required to support the plan with contributions. Compare noncontributory pension plan.

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An integrated suite of products providing solutions for retirement plan administration, Omni encompasses: OmniPlus, a recordkeeping system that supports the administration of a variety of contributory pension plans in the U.
The multi-tiered, scalable architecture allows for high volume processing of nearly any type of contributory pension plan around the world.
 
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