An Employee Who Has Worked for an Organization for 40

question 51

Short Answer

An employee who has worked for an organization for 40 years and has made a unique contribution to the business is said to have a ________ relationship with the organization.

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Definitions:

Pension Payments

Regular payments made to retirees or their beneficiaries from a pension fund.

Actuarial Assumed Rate

The interest rate that an actuary determines to calculate the present value of future pension benefits or contributions.

Risk Averse

A description of an investor's preference for lower risk investments, often characterized by a willingness to accept lower returns in exchange for reduced risk.

Empirical Evidence

Information derived from observation or experimentation that serves as the basis for knowledge or theory.