Examlex
The types of work and work arrangements that young workers tend to be employed in are part of the labour market that has historically been difficult to organize.
Pension Asset
Refers to the resources set aside by a company in a pension fund to meet future pension liabilities to its employees.
Projected Benefit Obligation
A measurement of the present value of future pension benefits earned to date as estimated by actuaries, used in accounting for pension plans.
Balance Sheet
A report detailing a company's assets, obligations, and the equity of its shareholders at a particular moment.
Projected Benefit Obligation
An actuarial estimate of the total present value of future retirement benefits earned to date, adjusted for expected future salary increases.
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