Voluntary restraint agreement


 

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Voluntary restraint agreement

Same as a VER.



Similar Matches

Free standing additional voluntary contributions

Free standing additional voluntary contributions

An employee's pension scheme which is additional to but independent from his occupational pension scheme. The maximum amount which may currently be contributed to an employee's pension fund is 15% of salary (which includes benefits in kind) including his company scheme. For example if an employee is contributing 10% of his salary to a company scheme, a further 5% can be paid by that employee in each tax year into FSAVCs or AVCs. However, the employer and employee contributions when combined must not produce benefits in excess of Inland Revenue maximums.


Voluntary plan

Voluntary plan

A pension plan supported partially by the employee by pension contributions deducted from each paycheck.


Voluntary deductible employee contribution plan

Voluntary deductible employee contribution plan

A type of pension plan in which an employee elects to have regular payments deducted from each pay check.


Voluntary bankruptcy

Voluntary bankruptcy

The legal proceeding that follows a petition of bankruptcy.


Involuntary liquidation preference

Involuntary liquidation preference

A premium that must be paid to preferred or preference stockholders if the issuer of the stock is forced into involuntary liquidation.


Further Suggestions

voluntary liquidation
Voluntary Lein
Voluntary accumulation plan
Voluntary export restraint
Voluntary import expansion
Involuntary Conversion
additional voluntary contributions


 
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