Definition of washer. 1  1 : a flat thin ring or a perforated plate used in joints or assemblies to ensure tightness, prevent leakage, or relieve friction. 2  2 : one that washes; especially : washing machine.
Design of Benefit Programs. Benefits administrators research a variety of vendors of group benefit programs to identify benefits that fit the needs of the employees and the companyâs financial budget. They recommend the program to human resources management and top executives.
DEFINITION of 'Employee Benefits Security Administration - EBSA'. A division of the Department of Labor (DOL) charged with enforcing the rules governing the conduct of plan managers, the investment of plan assets, the reporting and disclosure of plan information, the fiduciary provisions of the law, and workers' benefit rights. BREAKING DOWN 'Employee Benefits Security Administration - EBSA'. This is one of the divisions of the U.S. government that acts as a watchdog against the inappropriate activities of pension managers.