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41Illinois Municipal Retirement Fund — The Illinois Municipal Retirement Fund (or IMRF) is a pension fund created in 1939 by the Illinois General Assembly for municipal employees in the state of Illinois. IMRF began operating in 1941 with 5 original employers and $5,000 in assets.… …
42Civil Service Retirement System — The Civil Service Retirement System (CSRS) organized in 1920 and has provided retirement, disability and survivor benefits for most civilian employees in the US federal government. Upon the creation of a new Federal Employees Retirement System… …
43Oklahoma Firefighters Pension and Retirement System — Great Seal of Oklahoma Agency overview Formed 1980 Preceding agency Fireman’s Pension Be …
44Registered Retirement Savings Plan — A Registered Retirement Savings Plan or RRSP is an account that provides tax benefits for saving for retirement in Canada. RRSP refers to a provision in the Income Tax Act that allows a person to shelter financial property from income taxes.RRSPs …
45Federal Employees Retirement System — The Federal Employees Retirement System (or FERS) was enacted on June 6, 1986, and effective January 1, 1987. It was designed by Congress to replace the Civil Service Retirement System (CSRS).New U.S. Federal civilian employees, first hired after …
46Oklahoma Police Pension and Retirement System — Great Seal of Oklahoma Agency overview Formed 1980 Preceding agency Policemen s Pension Benefi …
47fringe benefit — n: an employment benefit (as a pension, a paid holiday, or health insurance) granted by an employer that has a monetary value but that does not affect basic wage rates Merriam Webster’s Dictionary of Law. Merriam Webster. 1996. fringe benefit …
48Pension Benefit Guaranty Corporation — (PBGC) A federal insurance fund that pays pension benefits to retirees whose pension plans have ended, generally because the plans cannot meet their financial obligations. The PBGC is funded by insurance premiums paid by employers that sponsor… …
49Target-Benefit Plan — A benefit plan that is similar to a defined benefit plan since contributions are based on projected retirement benefits. However, unlike a defined benefit plan, the benefits provided to participants at retirement are based on the performance of… …
50death benefit — n: money payable to the beneficiary of a deceased as a benefit (as under a policy of life or accident insurance or a pension plan) ◇ The right to death benefits is generally terminated in cases of fraud, as when an insured commits suicide after… …
