Examlex
Guerrilla marketing efforts are best suited to large companies that can afford the high costs associated with this type of promotional technique.
Vesting Rights
Guarantee that when employees become participants in a pension plan and work a specified number of years, they will receive a pension at retirement age, regardless of whether they remained with the employer.
Pension Plan
A pension plan is a retirement plan that requires an employer to make contributions into a pool of funds set aside for a worker's future benefit. The funds are invested on the employee's behalf, and the earnings on the investments generate income to the worker upon retirement.
Retirement Age
The age at which a person is eligible to retire and receive full pension benefits, typically set by government policies or employment agreements.
Cafeteria-Style Plans
Employee benefit plans that allow workers to choose from a variety of pre-tax benefits, tailoring their benefits package to their specific needs.
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