Legal Dictionary of Pakistan

Quick lookup for English, Urdu, and Latin legal terms used in Pakistani jurisprudence.

employee benefit plan

A written stock-purchase, savings, option, bonus, stock-appreciation, profit-sharing, thrift, incentive, pension, or similar plan solely for employees, officers, and advisers of a company. 0 The term includes an employee-welfare benefit plan, an employeepension benefit plan, or a combination of those two. But the term excludes any plan, fund, or program (other than an apprenticeship or training program) in which no employees are plan participants. - Often shortened to plan. Cf. PENSION PLAN.

governmental employee benefit plan.

See governmental plan under EMPLOYEE BENEFIT PLAN.