What is The Definition of Noncontributory Plan?
Noncontributory Plan can be defined as, Group insurance where the employer does not have to share the expenses with the employees.
Literal Meanings of Noncontributory Plan
Meanings of Noncontributory:
Don't participate in the process of making a difference.
Financial assistance is provided by the employer's permanent payment (from the pension or pension plan), not the employee's
Sentences of Noncontributory
Even with a partnership plan, the employer's payment is not a premium.
Meanings of Plan:
Make up your mind and plan ahead.
A project or plan (to create or create something)
Detailed advice on what to do or get.
Any intention or decision about what to do.
A detailed map or diagram
Sentences of Plan
They are planning a trip to Egypt
They make gardens
I have no plans to retire
Synonyms of Plan
objective, target, set up, game plan, stratagem, schedule, plan of action, frame, procedure, idea, draw up a layout of, goal, arrange, outline, shape, develop, formula, contrive, system, draft, hope, organize, prepare, make a drawing of, proposition, devise