English version

contribution holiday

From Longman Business Dictionarycontribution holidaycontriˈbution ˌholiday (also contributions holiday) [countable]FINANCE a period of time when an employer does not make payments into the PENSION FUND of its employees, for example because it believes there is enough money in it to make necessary paymentsLarger pension schemes took a complete employer contribution holiday or paid reduced contributions. holiday
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