- non-contributory pension
- A pension in which the full premium is paid by an employer or the state and the pensioner makes no contribution. Compare contributory pension
Big dictionary of business and management. 2014.
non-contributory pension
Look at other dictionaries:
non-contributory pension plan — ➔ pension plan … Financial and business terms
non-contributory pension scheme — ➔ scheme … Financial and business terms
non-contributory pension scheme — An occupational pension scheme in which all the contributions to the scheme are made by the employer … Accounting dictionary
non-contributory — UK US (also noncontributory) /ˌnɒnkənˈtrɪbjʊtri/ US /ˌnɒnkənˈtrɪbjətɔːri/ adjective ► FINANCE, HR used to describe a benefit (= something of value offered in addition to a salary) for an employee that is completely paid for by the company, not… … Financial and business terms
contributory pension — A pension in which the employee, as well as the employer, contributes to the pension fund. Compare: non contributory pension scheme … Accounting dictionary
contributory pension — A pension in which the employee as well as the employer contribute to the pension fund. Compare non contributory pension … Big dictionary of business and management
non-contributory — UK / US adjective a non contributory pension is paid for by the government or an employer and not by the person who receives it … English dictionary
non-contributory — ► ADJECTIVE 1) (of a pension) funded by regular payments by the employer, not the employee. 2) (of a state benefit) paid irrespective of taxes or other contributions made by recipients … English terms dictionary
non-contributory — adj. Non contributory is used with these nouns: ↑pension … Collocations dictionary
non-contributory — adjective 1》 (of a pension) funded by regular payments by the employer, not the employee. 2》 (of a state benefit) paid irrespective of taxes or other contributions made by recipients … English new terms dictionary
