\nˌɒndɪskɹˌɪmɪnˈe͡ɪʃən ɹˈuːl], \nˌɒndɪskɹˌɪmɪnˈeɪʃən ɹˈuːl], \n_ˌɒ_n_d_ɪ_s_k_ɹ_ˌɪ_m_ɪ_n_ˈeɪ_ʃ_ə_n ɹ_ˈuː_l]\
Definitions of NONDISCRIMINATION RULE
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A rule that mandates equal provision of benefits to all its employees, irrespective of their position. A retirement plan must include this rule to qualify under the Employee Retirement Income Security Act (ERISA). The failure to qualify for this plan will result in the taxation of a company's contribution to the retirement plan.
By Henry Campbell Black