Employer contributions for employee pension and insurance funds

What is Employer contributions for employee pension and insurance funds?

Employer contributions for employee pension and insurance funds meaning Contributions consisting of employer payments (including payments-in-kind) to private pension and profit-sharing plans, publicly administered government employee retirement plans, private group health and life insurance plans, privately administered workers’ compensation plans, and supplemental unemployment benefit plans, formerly called “other labor income.”

 

reference: BEA Bureau of Economic Analysis. US Department of Commerce

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