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Qu'est-ce (qui) est provident fund for severance pay - définition
WIKIMEDIA DISAMBIGUATION PAGE
Provident Funds; Provident Fund (disambiguation); Provident Fund; Provident fund (disambiguation)
severance pay
PAY AND BENEFITS AN EMPLOYEE RECEIVES FROM THEIR EMPLOYER UPON DISMISSAL OR LAYOFF
Severance pay; Severence pay; Severance payment; Severance allowance; Employment termination payment
¦ noun money paid to an employee on the early termination of a contract.
Severance package
PAY AND BENEFITS AN EMPLOYEE RECEIVES FROM THEIR EMPLOYER UPON DISMISSAL OR LAYOFF
Severance pay; Severence pay; Severance payment; Severance allowance; Employment termination payment
A severance package is pay and benefits that employees may be entitled to receive when they leave employment at a company unwillfully. In addition to their remaining regular pay, it may include some of the following:
Provident fund
Provident fund is another name for pension fund. Its purpose is to provide employees with lump sum payments at the time of exit from their place of employment.
Wikipédia
Provident fund
Provident fund is another name for pension fund. Its purpose is to provide employees with lump sum payments at the time of exit from their place of employment. This differs from pension funds, which have elements of both lump sum as well as monthly pension payments. As far as differences between gratuity and provident funds are concerned, although both types involve lump sum payments at the end of employment, the former operates as a defined benefit plan, while the latter is a defined contribution plan.
Specific provident funds include:
- Employees' Provident Fund Organisation, India's statutory retirement plan
- Mandatory Provident Fund, Hong Kong's retirement plan
- Central Provident Fund, Singapore's retirement plan
- Employees Provident Fund (Malaysia), Malaysia's retirement plan
- Employees Provident Fund (Nepal), Nepal's retirement Plan
- Central Provident Fund (South Africa), a retirement trust
- Instituto del Fondo Nacional de la Vivienda para los Trabajadores, Mexico's public pension fund and largest mortgage lender
- National Social Security Fund (Kenya)
- Housing Provident Fund, China mainland's retirement plan
Exemples du corpus de texte pour provident fund for severance pay
1. At that time, the provident fund for severance pay had a shortfall of NIS 47 million, because the company did not deposit employer contributions in the fund until 1'83, and since then, it has been paying employees who quit from accumulated monies in the fund‘s coffers.