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employee pension benefit plans

Employee pension benefit plans are created by an employer, a union, or both to provide for retirement income or the deferral of income (e.g., 401(k) plans, "traditional" defined benefit pension plans).

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employee pension benefit plans

Employee pension benefit plans are created by an employer, a union, or both to provide for retirement income or the deferral of income (e.g., 401(k) plans, "traditional" defined benefit pension plans).

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These plans are distinguished from employee welfare benefit plans like employer-provided health, life, and disability insurance plans that address the non-income-related aspects of employee benefits.