A defined benefit plan must reduce the $210,000 (in 2014)maximum benefits payable by one-tenth for each year of participation under 10 years that an employee has performed.

Name: A defined benefit plan must reduce the $210,000 (in 2014)maximum benefits payable by one-tenth for each year of participation under 10 years that an employee has performed.
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A one-tenth reduction for each year of participation under 10 years is required.

A Defined Benefit Plan Must Reduce the $210,000 (In 2014)maximum