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Cumulative Earnings
The total amount of net income earned by an individual or entity over a period, often used in the context of calculating pensions or other benefits.
Accrued Vacation Pay
The amount of vacation time that employees have earned but not taken, often calculated to represent a financial liability for the employer.
Defined Contribution Pension Plan
A retirement plan in which the employer, employee, or both make contributions on a regular basis, but final benefits depend on the plan's investment performance.
Northern Trust
A financial services company providing wealth management, asset servicing, and banking solutions.
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