Unit Benefit Formula — A method of calculating an employer s contribution to an employee s defined benefit plan. The employer calculates the contribution by multiplying an employee s years of service by a percentage of his or her salary. For instance, the company may… … Investment dictionary
Unit benefit formula — Method used to determine a participant s benefits in a defined benefit plan by multiplying years of service by the percentage of salary. The New York Times Financial Glossary … Financial and business terms
unit benefit formula — Method used to determine a participant s benefits in a defined benefit plan. Involves multiplying years of service by the percentage of salary. Bloomberg Financial Dictionary … Financial and business terms
Benefit Allocation Method — The benefit allocation method is a means of funding a pension plan where a single premium payment is made in order to fund a single unit of benefit for a specified period of time, typically one year (or other specifies unit of time) of recognized … Investment dictionary
Flat Benefit Formula — A method of calculating an employer s contribution to an employee s defined benefit plan whereby the employer multiplies an employee s months of service by a predetermined flat monthly rate. There are three basic types of defined benefit plans:… … Investment dictionary
phantom stock plan — An employee benefit plan in which benefits are determined by reference to the performance of the corporation s common shares. A deferred compensation unit plan for corporate executives and employees which credits to the unit account of the… … Black's law dictionary
Grid plan — A simple grid plan road map (Windermere, Florida). Surveyor s plan of Salt Lake City, ci … Wikipedia
National Broadband Plan (United States) — Connecting America: The National Broadband Plan, unveiled March 16, 2010,[1] is a FCC (Federal Communications Commission) plan which deals with improving broadband Internet access throughout the United States. One goal was providing… … Wikipedia
Welfare benefit simplification — also known as Universal Benefit, Single Benefit, Core Benefit, Single Core Benefit With the general complexity of welfare systems, there are occasional requests for simplification of welfare systems.The general aim is to head towards a simple… … Wikipedia
International Registration Plan — The International Registration Plan (IRP) is a registration reciprocity agreement among the continental United States and Canadian provinces which provides payment of license fees on the basis of total distance operated in all jurisdictions. The… … Wikipedia
