- trusteed plan
- noun
: a pension or retirement plan under which contributions are paid to a trustee who invests the funds and pays benefits to eligible employees — compare unfunded plan
Useful english dictionary. 2012.
trusteed plan
Look at other dictionaries:
unfunded plan — noun : a pension or retirement plan under which the employer is free to finance payments to retired workers on a pay as you go basis compare insured plan, trusteed plan … Useful english dictionary
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