google bot detected Taft Hartley Pension Plan | Insurance Glossary |

Taft Hartley Pension Plan

Definition of "Taft-hartley pension plan"

Pension plan under which both the contribution (employer and employee if a contributory plan) and the benefit structure are fixed. In order to properly maintain the actuarial equivalent, the benefit structure and the contribution schedule are modified.

Related Real Estate Glossary terms

Related Real Estate FAQ