company pension
61stakeholder pension — noun A type of pension arranged as part of a private scheme complying to certain requirements established by the government • • • Main Entry: ↑stake * * * stakeholder pension UK US noun [countable] [singular stakeholder pension …
62National Association of Pension Funds — Abbreviation NAPF Motto Securing the future of pensions Formation 1923 Legal status Non profit company Purpose/focus …
63trust company — a company or corporation organized to exercise the functions of a trustee, but usually engaging also in other banking and financial activities. [1825 35, Amer.] * * * Company, often a commercial bank, acting as trustee for individuals and… …
64occupational pension scheme — superannuation A pension scheme open to employees within a certain trade or profession or working for a particular firm. An occupational pension scheme can either be insured or self administered. If it is insured, an insurance company pays the… …
65occupational pension scheme — superannuation A pension scheme open to employees within a certain trade or profession or working for a particular firm. An occupational pension scheme can either be insured or self administered. If it is insured, an insurance company pays the… …
66personal pension scheme — An arrangement in which an individual contributes part of his or her salary to a pension provider, such as an insurance company or a bank. The pension provider invests the funds so that at retirement a lump sum is available to the pensioner. This …
67Overfunded Pension Plan — A company retirement plan that has more assets than liabilities. In other words, there is a surplus amount of money needed to cover current and future retirements. Although the surplus can legally be recorded as company income, it cannot be paid… …
68personal pension scheme — An arrangement in which an individual contributes part of his or her salary to a pension provider, such as an insurance company or a bank. The pension provider invests the funds so that at retirement a lump sum is available to the pensioner. This …
69Individual Pension Plan — An Individual Pension Plan or IPP is a Canadian retirement savings vehicle. An IPP is a one person maximum Defined Benefit Pension Plan (DB Plan) which allows the plan member to accrue retirement income on a tax deferred basis. As such, an IPP… …
70retirement pension — ➔ pension1 * * * retirement pension UK US noun [C] HR, FINANCE ► a pension paid to someone when they stop working: »The average level of retirement pensions is low compared with average earnings. »Angus is a member of the company s pension plan,… …
