allocation of plan assets on termination Definition | Business Dictionaries from AllBusiness.com

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Business Definition for: allocation of plan assets on termination

allocation of plan assets on termination

distribution of assets if a pension plan is terminated. The allocation is made by either (1) refunding all of an employee's contributions, plus interest, or (2) establishment of classes of employees and their beneficiaries according to entitlement to benefits.

allocation of plan assets

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