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

Defined Benefit Formula

This formula is used to determine the benefits due each participant, upon retirement, in a defined benefit plan. The benefit amount is often related to the years of participation in the plan.

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Deficit Reduction Act of 1984 (DEFRA)

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Defined Benefit Plans

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