contributory scheme
1contributory pension scheme — ➔ scheme * * * contributory pension scheme UK US noun [C] UK (US contributory pension plan) HR, FINANCE ► a type of pension into which both the employer and employee pay money: »Conditions of service are good with a contributory pension scheme,… …
2scheme — [skiːm] noun [countable] 1. an official plan or arrangement that is intended to help people in some way: • a government training scheme for the unemployed 2. FINANCE an arrangement in which the government or an employer provides financial help to …
3contributory pension plan — ➔ pension plan * * * contributory pension plan UK US noun [C] US HR, FINANCE ► CONTRIBUTORY PENSION SCHEME(Cf. ↑contributory pension scheme) …
4contributory — ► ADJECTIVE 1) playing a part in bringing something about. 2) (of a pension or insurance scheme) operated by means of a fund into which people pay …
5contributory — adj. & n. adj. 1 that contributes. 2 operated by means of contributions (contributory pension scheme). n. Brit. Law a person liable to contribute towards the payment of a wound up company s debts. Phrases and idioms: contributory negligence Law… …
6contributory pension — A pension in which the employee, as well as the employer, contributes to the pension fund. Compare: non contributory pension scheme …
7contributory pension scheme — /kənˌtrɪbjυt(ə)ri penʃən ski:m/ noun a scheme where the worker pays a proportion of his or her salary into the pension fund …
8contributory — adjective 1》 playing a part in bringing something about. 2》 (of a pension or insurance scheme) operated by means of a fund into which people pay. noun (plural contributories) Brit. Law a person liable to contribute towards the payment of a wound… …
9non-contributory pension scheme — ➔ scheme …
10Collective investment scheme — The values and performance of collective funds are listed in newspapers A collective investment scheme is a way of investing money alongside other investors in order to benefit from the inherent advantages of working as part of a group. These… …