Unit Benefit Plan,
Unit Benefit Plan means,
Unit Benefit Plans are retirement plans initiated and sponsored by an employer. Offer annual benefits to retired employees based on a fixed amount of services per year or a percentage of their annual salary. In general, the latter varies from 1.25 to 2.5%. Like some forms of life insurance and annual insurance, this annual plan provides income after retirement.
Literal Meanings of Unit Benefit Plan
Meanings of Unit:
An object or person that is considered unique and complete, but can also be part of a larger or more complex whole.
A device with a specific function, especially one that is part of a complex process.
The quantity is selected by default, after which another quantity can be declared.
Sentences of Unit
A large plot of land consisting of small units.
Gearbox and gear unit
Unit of measurement
Synonyms of Unit
measurement, member, constituent, portion, module, measure, section, segment, piece, denomination, quantity, ingredient, component, item, factor, feature, subdivision, part, fragment, element, value
Meanings of Benefit:
Benefit or benefit comes from something.
Payments or gifts from employers, governments or insurance companies.
Public performances or other entertainment whose proceeds are donated to some charitable cause.
Get performance benefits.
Sentences of Benefit
Social assistance benefits
Fertilization is the first dance of the season and there are signs of a rebate in profits
Synonyms of Benefit
ease, interest, government benefit, satisfaction, social security, advantage, good, sake, welfare, insurance money, sick pay, social security payments, reap benefits, comfort, public assistance allowance, profit, make money, state benefit, enjoyment, unemployment benefit, well-being, gain, convenience, reap financial reward, benefit payments, pension
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
formula, idea, work out, agenda, develop, recipe, objective, draw up a layout of, ambition, schedule, proposition, target, scenario, make a drawing of, method, formulate, design, aspiration, fix up, ploy, goal, sketch out, line up, aim, intent, frame, build