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 Glossary   >   N   >   "Non-contributory" Definition   

        Non-contributory

A term applied to employee benefit plans or insurance schemes when the employer pays the full cost and the employee is not asked to contribute.

Non-contributory


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Non-contributory - A term applied to employee benefit plans or insurance schemes when the employer pays the full cost and the employee is not asked to contribute.


Non-contributory : a term applied to employee benefit plans or insurance schemes when the employer pays the full cost and the employee is not asked to contribute.