by Tara Kuther, Ph.D. A master's degree is a type of graduate degree, degree earned after completion of an undergraduate degree (BA or BS). Typically the master's degree requires about 30 credits of coursework and takes 2 years of full time study beyond the bachelor's degree. In addition to coursework, the master's degree sometimes entails completing comprehensive exams and/or a thesis.
flexible benefit plan. Definition. A benefits plan that allows employees to select from a pool of choices, some or all of which may be tax-advantaged. Potential choices include cash, retirement plan contributions, vacation days, and insurance. also called cafeteria plan. Use this term in a sentence.
Rip-off pensions: Charges 'to be capped at 0.75pc'. The proposal for final salary schemes, dubbed flexible defined benefits aims to transfer more risk to savers by removing the requirement for schemes to increase pension payments in line with inflation, known as indexation.Employers would still provide a set level of income in retirement however.he proposal for final salary schemes, dubbed flexible defined benefits aims to transfer more risk to savers by removing the requirement for schemes to increase pension payments in line with inflation, known as indexation. Employers would still provide a set level of income in retirement however.