Specified matching percentage
Term · Economic statistics · MLC-T-ECS-001828
Benefit whereby the employer matches a specified percentage of employee contributions to retirement plans.
Note: This benefit is commonly used in savings and thrift plans. The matching percentage can vary by length of service, amount of employee contribution, and other factors.
| Identifier | MLC-T-ECS-001828 |
|---|---|
| Field | Economic statistics |
| References | BLS Glossary |
Record as JSON
{
"id": "MLC-T-ECS-001828",
"term": "Specified matching percentage",
"field": "Economic statistics",
"definition": "Benefit whereby the employer matches a specified percentage of employee contributions to retirement plans.\n\nNote: This benefit is commonly used in savings and thrift plans. The matching percentage can vary by length of service, amount of employee contribution, and other factors.",
"references": [
"BLS Glossary"
],
"url": "https://mlchart.com/terminology/economic-statistics/specified-matching-percentage/"
}
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