Fixed-multiple-of-earnings benefit plans
Term · Economic statistics · MLC-T-ECS-000743
Plans that link the benefit amount to employee earnings and that allow for the level of coverage to increase automatically as income rises.
Note: Employee earnings are usually rounded to a stated dollar amount.
| Identifier | MLC-T-ECS-000743 |
|---|---|
| Field | Economic statistics |
| References | BLS Glossary |
Record as JSON
{
"id": "MLC-T-ECS-000743",
"term": "Fixed-multiple-of-earnings benefit plans",
"field": "Economic statistics",
"definition": "Plans that link the benefit amount to employee earnings and that allow for the level of coverage to increase automatically as income rises.\n\nNote: Employee earnings are usually rounded to a stated dollar amount.",
"references": [
"BLS Glossary"
],
"url": "https://mlchart.com/terminology/economic-statistics/fixed-multiple-of-earnings-benefit-plans/"
}
Record 731 of 2,141 in Economic statistics terminology (MLC-0116). Request the full dataset.