minimum benefit
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Minimum wage — A minimum wage is the lowest hourly, daily or monthly remuneration that employers may legally pay to workers. Equivalently, it is the lowest wage at which workers may sell their labour. Although minimum wage laws are in effect in a great many… … Wikipedia
Minimum funding requirement — The Minimum Funding Requirement (MFR) was a part of United Kingdom legislation in the Pensions Act 1995, and was introduced on 6 April 1997. The Pensions Act 2004 abolishes the MFR replaces it with new statutory funding objective ; this came into … Wikipedia
Minimum Guaranteed Fill Order- MGF — A service provided by market makers in its assigned stocks to maintain fair and orderly markets. Minimum guaranteed fill (MGF) orders are a guaranteed fill for small market orders from retail clients up to a specific size at the best posted bid… … Investment dictionary
Housing Benefit — is a means tested social security benefit in the UK that is intended to help meet Housing costs for rented accommodation. The primary legislation governing Housing Benefit is the Social Security Contributions and Benefits Act 1992.[1]… … Wikipedia
Child benefit — (children s allowance) is a social security payment disbursed to the parents or guardians of children. Child benefit is means tested in some countries. Contents 1 Australia 2 Ireland 3 Japan 4 Swed … Wikipedia
Pension Benefit Guaranty Corporation — (United States) Agency overview Formed September 2, 1974 … Wikipedia
Revenu minimum d'insertion — The Revenu minimum d insertion (RMI) is a French form of social welfare. It is aimed at people without any income who are of working age but don t have any other rights to unemployment benefit (e.g. contributions based unemployment benefit). It… … Wikipedia
Guaranteed Minimum Accumulation Benefit - GMAB — A rider on a variable annuity, which guarantees the minimum amount received by the annuitant after the accumulation period, or a set period of time, is either the amount invested or is locked in gain. This protects the value of the annuity and… … Investment dictionary
Older Workers Benefit Protection Act — (OWBPA) An amendment to the Age Discrimination in Employment Act (ADEA), the OWBPA is a federal law that requires employers to offer older workers (those who are at least 40 years old) benefits that are equal to or, in some cases, cost the… … Law dictionary
Alternative Minimum Tax — (AMT) is part of the Federal income tax system of the United States. There is an AMT for those who owe personal income tax, and another for corporations owing corporate income tax. Only the AMT for those owing personal income tax is described… … Wikipedia
defined benefit plan — de·fined benefit plan n: a pension plan in which the amount of benefits paid to an employee after retirement is fixed in advance in accordance with a formula given in the plan Merriam Webster’s Dictionary of Law. Merriam Webster. 1996. defined… … Law dictionary
