benefit plan
nounUK /ˈbɛnɪfɪt plæn/
US /ˈbɛnəfɪt plæn/
A benefit plan is a set of extra helpful things a job gives you, like health care or vacation days.
My mom's benefit plan pays for her doctor visits.
RELATED WORDS
OTHER MEANINGS
2. A government program that gives money or help to people who need it.
The new benefit plan helps families buy food.
3. A company's official list of extra rewards offered to workers.
The benefit plan includes dental coverage and a pension.
4. A written agreement describing what help a person will receive.
Please read the benefit plan before you sign up.