noncontributory pension
1noncontributory pension plan — A pension plan that is fully paid for by the employer, requiring no employee contributions. Bloomberg Financial Dictionary …
2noncontributory — non|con|trib|u|to|ry [ˌnɔnkənˈtrıbjutəri US ˌna:nkənˈtrıbjuto:ri] adj a noncontributory ↑pension or insurance plan is paid for by your employer only, and not by you …
3noncontributory — adjective a noncontributory pension or insurance plan is paid for by the employer only, and not by the worker …
4noncontributory — non·con·trib·u·to·ry /ˌnän kən tri byə ˌtōr ē/ adj: making or involving no contribution; specif: involving, relating to, or being an employee benefit plan (as a pension plan) in which the employer pays the entire cost Merriam Webster’s Dictionary …
5pension plan — A plan established and maintained by an employer primarily to provide systematically for the payment of definitely determinable benefits to his employees, or their beneficiaries, over a period of years (usually for life) after retirement.… …
6pension plan — noun a plan for setting aside money to be spent after retirement • Syn: ↑pension account, ↑retirement plan, ↑retirement savings plan, ↑retirement savings account, ↑retirement account, ↑retirement program • Hypernyms: ↑ …
7noncontributory — | ̷ ̷+ adjective : making or involving no contribution: as a. : involving, related to, or constituting a pension plan whereby the employer pays the total cost b. : making no contribution to a medical diagnosis the past history was noncontributory …
8pension plan — 1. a systematic plan created and maintained, as by a corporation, to make regular payments of benefits to retired or disabled employees, either on a contributory or a noncontributory basis. 2. See retirement plan (def. 1). [1955 60] * * * …
9noncontributory — adjective Describing a pension plan in which the members do not provide their own direct contributions …
10United Kingdom — a kingdom in NW Europe, consisting of Great Britain and Northern Ireland: formerly comprising Great Britain and Ireland 1801 1922. 58,610,182; 94,242 sq. mi. (244,100 sq. km). Cap.: London. Abbr.: U.K. Official name, United Kingdom of Great… …
