Compensation Glossary

# A B C D E F G H I J K L M N O P Q R S T U V W - Z

Beneficiary

The person designated to receive the benefits resulting from the death of an employee, such as the proceeds of a life or accidental death insurance policy or benefits from a pension plan. See also Contingent Beneficiary, Irrevocable Beneficiary, Primary Beneficiary, and Revocable Beneficiary.
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