non-contributory pension scheme

non-contributory pension scheme
non-contributory pension scheme non-contributory pension scheme scheme

Financial and business terms. 2012.

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  • non-contributory pension scheme — An occupational pension scheme in which all the contributions to the scheme are made by the employer …   Accounting dictionary

  • non-contributory — UK US (also noncontributory) /ˌnɒnkənˈtrɪbjʊtri/ US  /ˌnɒnkənˈtrɪbjətɔːri/ adjective ► FINANCE, HR used to describe a benefit (= something of value offered in addition to a salary) for an employee that is completely paid for by the company, not… …   Financial and business terms

  • contributory pension — A pension in which the employee, as well as the employer, contributes to the pension fund. Compare: non contributory pension scheme …   Accounting dictionary

  • non-contributory — adj. not contributing or (esp. of a pension scheme) involving contributions …   Useful english dictionary

  • scheme — [skiːm] noun [countable] 1. an official plan or arrangement that is intended to help people in some way: • a government training scheme for the unemployed 2. FINANCE an arrangement in which the government or an employer provides financial help to …   Financial and business terms

  • Pension provision in the United Kingdom — UK Pension Provision falls into seven major divisions; Basic State Pension, State Second Pension (S2P), Occupational Pensions, Stakeholder Pensions, Group Personal Pensions and Personal or Individual Pensions. Personal Accounts automatic… …   Wikipedia

  • Pension — This article is about the retirement income arrangement. For the type of lodging, see Pension (lodging). For the mortgage repayment scheme, see Mortgage loan. Financial market participants …   Wikipedia

  • pension — A specified sum paid regularly to a person who has reached a certain age or retired from employment. It is normally paid from the date of reaching the specified age or the retirement date until death. A widow may also receive a pension from the… …   Big dictionary of business and management

  • pension — noun ADJECTIVE ▪ adequate, big, decent, generous, good (all esp. BrE) ▪ inadequate, meagre/meager, small (all esp. BrE) ▪ …   Collocations dictionary

  • Canada Pension Plan — The Canada Pension Plan (CPP) is a contributory, earnings related social insurance program. It forms one of the two major components of Canada s public retirement income system, the other component being Old Age Security (OAS). Other parts of… …   Wikipedia

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