Defined Contribution

A pension plan with a defined number of contributions usually a percentage of the employee’s annual salary. The benefits payable on retirement will depend on several factors, such as investment returns and annuity rates at retirement.

Related Content

employee engagement
employee onboarding
employee intranet
employee attrition
employee-directory-software
employee-profiles

← Return To HR Glossary

Why Do HR Teams Choose MyHub?

The best platform for HR teams who need to share information and drive employee engagement

Find Out More

A Beginner's Guide To Creating An Intranet

Read More