noncontributory love

noncontributory

Definitions

from The American Heritage® Dictionary of the English Language, 4th Edition

  • adj. Of or relating to a pension plan in which participating members or employees are not required to support the plan with their own contributions.

from Wiktionary, Creative Commons Attribution/Share-Alike License

  • adj. describing a pension plan in which the members do not provide their own direct contributions

Etymologies

from Wiktionary, Creative Commons Attribution/Share-Alike License

non- +‎ contributory

Examples

  • I see it as a threat to Social Security, but I don't see it as being continued as a noncontributory payment with the precarious position Social Security is in.

    Tax Cut Deal A Hidden Threat To Social Security

  • I think that such comments as you posted are noncontributory to reasonable discourse.

    Rob Kall: Traitors and Heroes/Traitors as Heroes

  • Chile moved to strengthen its social safety net by providing a basic, noncontributory benefit to 60 percent of the poorest individuals, and provide a supplement for those who made contributions but didn't qualify for the minimum benefits.

    The Full Feed from HuffingtonPost.com

  • At the core of the problem are: built-in wage increases (not performance-based); early retirement with fully paid health care to age 65; noncontributory pensions; very expensive health coverage with little or no deductibles or co-pays; and excessive overtime.

    JSOnline.com

  • New Zealand is an example of a developed country with a universal, noncontributory pension system; a number of developing countries have introduced universal pensions, in part due to their lack of administrative complexity.

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  • He also received noncontributory life insurance and long-term disability benefits that were less than $10,000 and therefore were not listed as a separate item in the proxy.

    Market News

  • Insurance Solutions - Group Protection Overview The Group Protection segment offers group non-medical insurance products, principally term life, disability and dental, to the employer marketplace through various forms of contributory and noncontributory plans.

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  • Overview Certain of our subsidiaries sponsor noncontributory defined benefit pension plans, including two pension plans related to our U.S. businesses and 29 plans related to our non-U. S. businesses.

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  • Through the acquisition of EMJ on April 3, 2006, the Company assumed EMJ's noncontributory defined benefit pension plan covering substantially all hourly union employees (the "Hourly Plan").

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  • The ESOP is a noncontributory plan that covers certain salaried and hourly employees of the Company.

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