accrued benefits
Definition
Total amount of a pension plan as on a specified date, whether or not the employee is eligible to access it. Accrued benefits are determined in accordance with the terms of the pension plan, and are based on the plan participant's salary package and period of his or her service to date.
accrued benefits is in the General, Marine, & Life Insurance, HR, Teams, & Training and Investing subjects.
accrued benefits appears in the definition of the following term: deferred profit-sharing plan
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