Meaning Minimum Benefits
What does Minimum Benefits mean? Here you find 2 meanings of the word Minimum Benefits. You can also add a definition of Minimum Benefits yourself
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Minimum BenefitsA provision that a minimum amount of annuity will be paid if the regular benefit formula produces less. This minimum is usually payable only if certain service requirements are met at retirement.
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Minimum BenefitsA provision that a minimum amount of annuity will be paid if the regular benefit formula produces less. This minimum is usually payable only if certain service requirements are met at retirement.
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