pension

(redirected from pension funds)
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Related to pension funds: Mutual funds

pension

(1) A regular payment plan intended to provide a person who retired from a job with a secure income for life.
(2) A monthly payment from a pension.
References in periodicals archive ?
The entire pension fund industry should work together to end this (mal) practise on behalf of the people who maintain this industry--the contributing members of pension funds.
To save investment income, the Pension Fund of Russia recommends changing the insurer (FIU or APF) no more often than once in 5 years.
Pension funds, he said were by their nature subject to potential conflicts of interest arising between the fund service providers and the ultimate beneficiaries of the funds, therefore adding that it was important that pension funds had a set of internal statutes and external regulations to ensure that they were managed in the best interests of beneficiaries.
If the money contributed to the private pension funds shrinks, the size of pensions of these funds' contributors will be brought into question because the state-run fund will give them only 30 percent.
Private pension funds were introduced in 2007 under the Voluntary Pension System Rules, 2005.
These pension funds are supposed to provide security for workers when they retire.
Private pension funds were introduced in 2007, under the 2005 Voluntary Pension System Rules.
The extension of tax benefits to mutual fund- linked pension funds is unlikely to have any major bearing on fund flows into the National Pension System, according to
Earlier, moving the Bill, Chidambaram said the Bill provides for the establishment of an Authority to promote old age income security by establishing, developing and regulating pension funds, to protect the interests of subscribers to schemes of pension funds.
Consultations with relevant stakeholders on the long overdue implementation of the National Pension Fund are ongoing, the Social Security Commission (SSC) said this week.
By president Nursultan Nazarbayev's order, the government is to nationalise the country's private pension funds, merging them into a single state structure.