Master pension plan
(redirected from Master Pensions)Master pension plan
See: Prototype plan
Copyright © 2012, Campbell R. Harvey. All Rights Reserved.
Master Pension Plan
A retirement plan designed by a bank or other financial institution. When creating or updating employee benefits for a company, an employer may look at a master pension plan and adapt it to the company's individual needs. It is also called a prototype plan.
Farlex Financial Dictionary. © 2012 Farlex, Inc. All Rights Reserved