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Meaning of defined contributions | Babel Free

Adjective CEFR B2

Definitions

Describing a pension scheme in which an employer agrees to provide a pension payment or lump sum on retirement that is based on the combination of the employer's and employee's contributions to the scheme over the employee's working life.

UK, not-comparable

CEFR level

B2
Upper Intermediate
This word is part of the CEFR B2 vocabulary — upper intermediate level.
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