funded pension plan

funded pension plan definition - business

funded pension plan

A trustee-managed retirement plan in which an employer makes financial contributions for the benefit of employees. See also defined-benefit pension plan, defined-contribution pension plan.

The American Heritage® Dictionary of Business Terms Copyright © 2009 by Houghton Mifflin Harcourt Publishing Company. Published by Houghton Mifflin Harcourt Publishing Company. All rights reserved.

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