Deferred Retirement Credit

Definition of "Deferred retirement credit"

Ashley  Mullinax real estate agent

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Ashley Mullinaxelite badge icon

Century 21 Crowe Realty

Former arrangement under which retirement benefits payable to an employee who continued to work beyond normal retirement age were frozen, and not increased in recognition of added work time. This was eliminated by the federal Omnibus Budget Reconciliation Act of 1986.

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