wear-away
 n.— «The act would eliminate the uncertainty by making it clear that cash-balance plans don’t violate federal laws against age discrimination, Klein says. The measure also bars companies from freezing older workers’ benefits after a conversion—a practice known as “wear-away” that can sharply reduce their benefits.» —“Hybrid plans: Easier to offer now” by Sandra Block USA Today Aug. 7, 2006. (source: Double-Tongued Dictionary)

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