Employee benefits are sometimes referred to as fringe benefits, suggesting they represent a form of gratuitous compensation
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Employee benefits are sometimes referred to as
“fringe” benefits, suggesting they represent a form of gratuitous compensation granted by an employer. This view considers pensions as a reward for long and faithful service. The opposing viewis employee benefits are a part of a total compensation package and that pension benefits are deferred compensation the employee accepts in lieu of higher current wages. To what extent are the provisions of ERISA consistent with either view?
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Related Book For
Fundamentals Of Risk And Insurance
ISBN: 978-1118534007
11th Edition
Authors: Emmett J. Vaughan ,Therese M. Vaughan
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