Defined Benefits Plan

The employer contributes an amount annually to fund the estimated future pension liability arising from the employment in the current year.  An exact number cannot be calculated until the retirement and death of the current employees occurs.  The amount of future benefits is fixed,  the employer contributions will vary based on how the much the pension fund will earn.
Have more questions? Submit a request

0 Comments

Please sign in to leave a comment.
Powered by Zendesk