Examples of Defined contribution in a sentence
Defined contribution plans The pension plan under the Labor Pension Act of ROC (the “LPA”) is considered as a defined contribution plan.
Defined contribution plansThe Company offers group defined contribution plans to eligible employees whereby the Company matches employees' contributions up to a fixed percentage of the employee's salary.
Defined contribution plan The employee pension plan under the Labor Pension Act of the R.O.C. is a defined contribution plan.
Defined contribution plans do not involve any obligations beyond the payment of contributions to dedicated pension institutions.
Defined contribution plan A defined contribution plan is a post-employment benefit plan under which the Company pays fixed or matching contributions based on employee contributions into a separate legal entity and has no further legal or constructive obligation to pay additional amounts.