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Webster's New World Law Dictionary » employee benefit plan
employee benefit plan
employee benefit plan definition - legal
n
A benefit other than salary (such as
health insurance or pension) granted by an employer to its employees, subject
to a written plan document, the taxable status of which is governed by the
federal Employee Retirement Income
Secur-ity Act of 1974.
Webster's New World Law Dictionary Copyright © 2006 by Wiley Publishing, Inc., Hoboken, New Jersey.
Used by arrangement with John Wiley & Sons, Inc.
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