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Glossary > D > "Defined benefit plan" Definition

Defined benefit plan

A pension plan in which the sponsor agrees to make specified dollar payments to qualifying employees. The pension obligations are effectively the debt obligation of the plan sponsor. Related: defined contribution plan

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Defined benefit plan - A pension plan in which the sponsor agrees to make specified dollar payments to qualifying employees. The pension obligations are effectively the debt obligation of the plan sponsor. Related: defined contribution plan

Defined benefit plan : a pension plan in which the sponsor agrees to make specified dollar payments to qualifying employees. the pension obligations are effectively the debt obligation of the plan sponsor. related: defined contribution plan