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Cohesive groups are more effective.
Postretirement Benefit Expense
The cost recognized by companies related to the various benefits provided to employees after retirement.
Funded Postretirement Benefit Plans
Retirement plans for which assets have been set aside in advance to pay future benefits owed to employees, securing the promised benefits.
Benefit Expense
The costs incurred by a company for the health benefits, retirement benefits, and other perks offered to employees.
Postretirement Benefit Plans
Plans offered by employers that provide benefits, such as health insurance and pensions, to employees after they retire.
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