employee benefits plan en
61The information in a summary annual report differs depending on whether the plan is an employee pension benefit plan or an employee welfare benefit plan but can include: — The information in a summary annual report differs depending on whether the plan is an employee pension benefit plan or an employee welfare benefit plan but can include: • The total expenses paid by the plan during the year. • The number of… …
62rights and benefits — USA Defined under the Uniformed Services Employment and Reemployment Rights Act (USERRA) as any advantage, profit, privilege, gain, status, account or interest earned under an employment contract or agreement or an employer policy, plan or… …
63Registered Pension Plan - RPP — A form of a trust that provides pension benefits for an employee of a company upon retirement. RPPs are registered with the Canada Revenue Agency. The employee and employer, or just the employer make contributions to this retirement plan until… …
64Variable Benefit Plan — A type of retirement plan in which the payout changes depending on how well the plan s investments perform. Variable benefit plans, also called defined contribution plans, allow the plan holder to manage his or her own account. By contrast, a… …
65French special retirement plan — In France employees of some government owned corporations enjoy a special retirement plan, collectively known as régimes spéciaux de retraite . These professions include employees of the SNCF (national railways), the RATP (Parisian transport),… …
66Corporate Pension Plan — A formal arrangement between a company and its employees or the employees union that provides funding for the employees retirement. This pool of funds can be financed in several ways and will eventually be used to make periodic payments to… …
67Advanced Funded Pension Plan — A pension plan that is funded concurrently with the employee s accrued benefits, such that the funds are set aside well before the employee s retirement. Advanced funded pension plans are generally defined contribution plans, and are fully funded …
68Highly Compensated Employee — For employer sponsored, tax advantaged retirement plan purposes, anyone who is a 5% owner of a company or who received more than $110,000 in compensation in 2010 (the compensation limit is adjusted annually). If the employer chooses, a highly… …
69Thrift Savings Plan - TSP — A retirement savings plan created by the Federal Employee s Retirement System Act of 1986 for current or retired employees of the federal civil service. The thrift savings plan is a defined contribution plan designed to give federal employees the …
70Pay As You Go Pension Plan — A retirement scheme where the plan beneficiaries decide how much they want to contribute either by having the specified amount regularly deducted from their paycheck or by contributing the desired amount in a lump sum. A pay as you go pension… …
