Allocated Benefits

Definition of "Allocated benefits"

Barbara Harkleroad & Stacy Browning real estate agent
Barbara Harkleroad & Stacy Browning, Real Estate Agent Crye-Leike Realtors

Payments in a defined benefit plan. Benefits are allocated to the pension plan participants as premiums are received by the insurance company. Since the benefits purchased are paid up, the employee is guaranteed a pension at retirement, even if the firm goes out of business.

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