- contributory pension scheme
- contributory pension scheme contributory pension scheme ➔ scheme
* * *contributory pension scheme UK US noun [C] UK (US contributory pension plan) HR, FINANCE► a type of pension into which both the employer and employee pay money: »
Conditions of service are good with a contributory pension scheme, subsidised canteen and free life insurance.
Financial and business terms. 2012.
Look at other dictionaries:
contributory pension scheme — /kənˌtrɪbjυt(ə)ri penʃən ski:m/ noun a scheme where the worker pays a proportion of his or her salary into the pension fund … Dictionary of banking and finance
non-contributory pension scheme — ➔ scheme … Financial and business terms
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 pension scheme — (U.K.) Fin = noncontributory pension plan … The ultimate business dictionary
contributory pension plan — ➔ pension plan * * * contributory pension plan UK US noun [C] US HR, FINANCE ► CONTRIBUTORY PENSION SCHEME(Cf. ↑contributory pension scheme) … 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
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
contributory — adj. & n. adj. 1 that contributes. 2 operated by means of contributions (contributory pension scheme). n. Brit. Law a person liable to contribute towards the payment of a wound up company s debts. Phrases and idioms: contributory negligence Law… … Useful english dictionary
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