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A company's pension fund for its current and former employees is often held by a securities firm or a bank. The fund is administrated by a trustee that was appointed usually by the company. The trustee is assigned the duties of making sure all the company's required duties are being met. The trustee is also responsible for insuring that the fund is handled in accordance with the regulations that were set up by the company. The trustee is also responsible for making sure the investments in the fund are sound ones and are diversified.
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What does 'being invested in a pension' mean?
It means some of your money is being saved in a fund/account that is or will be used to pay you money (on a monthly basis) after you retire and stop working (at age 60 or 65).
What does lifetime pension mean?
pension is a thing you get from retierment for work,and more.You will be guarrteed to have pension when your 65 years old
What does 'pensioner' mean?
The official definition of the word pension is "a regular payment made during a person's retirement from an investment fund to which that person or their employer has contributed during their working life."
What does TTEE mean on a bank account?
Trustee
What does activity mean regards to medication taken orally?
what does activity mean regards to medication
What does ATF mean on a bank statement?
Could be "as trustee for"
What does TTEE mean?
TTEE is an abbreviation for "trustee." The trustee on a trust or on a other deposit account controls the assets in the trust or the funds in the account.
What is substitution of trustee?
Substitution of trustee is a legal process where the current trustee of a trust is replaced with a new trustee. This can be done for various reasons, such as the original trustee resigning, becoming incapacitated, or being removed due to misconduct. The new trustee assumes all the duties and responsibilities of the former trustee.
Can warmest regards mean that he is very fond of her?
No. It means that the man is giving her regards.
What does best regards mean?
Best regards is a closing term used in a letter or speech. It mean that you wish the party well.
What does 'retzef kitzba' mean?
continuous (or regular) pension
What does Tr. mean at the end of a last name?
It generally means "Trustee".
