alienation of benefits
Definition
Assignment of a pension or retirement plan participant's benefits to another person. It is permitted only under exceptional circumstances to prevent the plan participant's creditors from attaching (see attachment) the benefits.
Popular 'General, Marine, & Life Insurance' Terms
alienation of benefits in the news
Loading...
This content can be found on the following page:
http://www.businessdictionary.com/definition/alienation-of-benefits.html
