Examlex
Use a sum or difference identity to find the exact value.
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Vested Benefits
Benefits that an employee has earned the right to receive, even if they no longer work for the employer, typically in a pension or retirement plan.
Postretirement Health Care Benefits
Benefits provided by an employer to retired employees, covering medical and health-related expenses.
Tax Deductible
Expenses or costs that can be subtracted from gross income to reduce the taxable income.
ERISA
The Employee Retirement Income Security Act of 1974, a federal law that sets minimum standards for most voluntarily established retirement and health plans in private industry.
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