Rate Credit Or Deficiency
Definition of "Rate credit or deficiency"
Annual contributions to a pension plan that exceed or are smaller than the minimum required for future employee benefits currently being earned; and any supplemental liability for past benefits earned but not previously funded.
Popular Insurance Terms
Act that established mandatory notification by manufacturers of products and the distributors of these products to the Consumer Product Safety Commission in the event they become aware of a ...
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Amount received by the policyholder if the policy is canceled, benefits are reduced, or the premium is reduced. ...
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