Is a contributory defined benefit pension a form of contingent deferred compensation?

British Columbia, Canada


The following excerpt is from Sneddon v. British Columbia Hydro and Power Authority, 2003 BCSC 1200 (CanLII):

In Hurd v. Illinois Bell, 136 F.Supp. 125, the court described a contributory defined benefit pension plan as “a form of contingent deferred compensation”.

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