Phrases with «contribution system»

A contribution system refers to a process or framework where individuals or entities give or provide something valuable, typically in the form of ideas, resources, or efforts, towards a common goal or cause. It involves the participation and involvement of various stakeholders who contribute their unique skills, knowledge, or assets to help accomplish a shared objective. Full definition

Sentences with «contribution system»

  • However, this incentive to retire earlier is already changing without any public policy reforms because companies are moving away from defined benefit pension systems and toward defined contribution systems. (ssa.gov)
  • While the campaign contribution system continues to function in the way that it does, he said, he'll take the insurance cash. (timesunion.com)
  • The defined contribution system has transferred the management of retirement risk from collectively managed entities to the individual. (blackrock.com)
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