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Item: Pension plans -> Category: Economy -> Author: DF -> Revision: 08/09/2008
Glossary of pension plans

Beneficiaries: individuals entitled to the benefits of a pension scheme, whether or not participants in the same.

 

Certificate of membership: document certifying that a person is a participant in a pension fund. What issuing the managing body.

 

Contingencies: why giving effect to a pension scheme. he causes are: retirement or similar situation legalized, permanent total disability, serious illness or situation of long-term unemployment.

 

Control commission: Person who is responsible for overseeing the operation of the fund.

 

Defender of the participant: regulating broker claims that a participant brought to the manager of a pension plan.

 

Depository Institution: agency responsible for inclusion and exclusion of members and control of their respective shareholdings.

 

Form mixed: billing system benefits of a pension scheme into two parts, one in the form of capital and the other in the form of rent.

 

Form of capital: recovery in a single payment of the full benefits of a pension scheme.

 

Inputs: economic quantities that the participants accumulate in a pension scheme.

 

Living faith: No proof of death. It was issued in the civil register.

 

Manager: entity from the investment of pension fund. Its order to obtain the greatest possible return.

 

Manner of income: fractious collection of benefits from a pension scheme. It can be life or temporary. It requires the filing of a faith life of the holder of the pension scheme on a regular basis.

 

Participating: people for whom they were establishing a pension scheme. They are usually those who deposit their contributions into the plan.

 

Pension fund: economic assets formed by the contributions of all people who have their pension plan in the fund.

 

Performance: amount to be acquired upon reaching retirement or any other situation allowed for the recovery of a pension scheme. They can be seen in the form of capital in the form of regular income or as mixed.

 

Promoter: entity that creates a pension scheme and subsequently involved in its management.




Other documents on the same subject
    -> Pension plans
    -> Types of pension plans

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