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

Maximum Benefit

In the U.S., the highest lifetime or annual benefit amount that can be paid by a qualified defined benefit plan to a plan participant legally. (Canada) The highest amount an insured may receive under an insurance plan.

Previous

Maturity Curve

Next

Maximum Benefit Period

POPULAR BLOGS

POPULAR BLOGS

Discover what ERI can do for you

See how our compensation management solutions can ensure your salary planning strategy is a success.

Schedule a personalized demo

WHITE PAPERS

Top Performing White Papers

National Compensation Forecast April 2026

Read More

Compensation Strategies for Remote Work and Organizational Culture – Fall 2025

Read More

Planning Global Compensation Budgets for 2026 - January 2026

Read More
View All White Papers