Sentences with phrase «pension policy account»
Upon surrendering the policy with - in the lock - in period of 5 years, the Individual Pension Account (IPA) Value after deducting Policy Discontinuance Charges are credited to the Discontinued Pension Policy Account.
https://www.comparepolicy.com/ Not exact matches
A person or organization designated to receive the proceeds of an investment account (or an insurance policy, a pension, or an annuity contract) after the owner's death.
A longstanding conservative policy goal has been to replace the current Social Security elderly pension system with personal accounts (or, the less poll - friendly term, «privatizing Social Security»).
«As I researched the idea of promoting savings in our sector, the idea of credit union came into mind and I said that's it because it dawned on me that majority of the people don't have savings accounts, insurance cover or even pension schemes and since I became the Chairman of GHAMRO I really felt the pinch because every now and then I get calls from members asking for advance payment of their royalty to either pay school fees, settle medical bills or to even solve other financial problems then I've realized that this vacuum has to be filled because GHAMRO doesn't have a policy to pay this type of monies».
The Commissioner for Establishments, Training and Pensions, Dr Benson Oke, at the inauguration of a three - day training with the theme, «State Revenue and The Treasury Single Account: A Win - Win Policy for Lagos State and Forensic Analysis and Fraud Detection in the Workplace,» in Ikeja, said government would empower workers to curb fraud in governance.
For example, Governor Malloy's irresponsible borrowing policies mean that the state MUST increase its debt service payments by at least $ 672 million dollars over the next three years and mandatory payments to the state employee and teacher pension and healthcare funds will account for an additional $ 620 million.
A person or organization designated to receive the proceeds of an investment account (or an insurance policy, a pension, or an annuity contract) after the owner's death.
Although the agreement covered certain necessary items (such as a listing of the couple's assets, bank accounts and insurance policies, division of household contents, etc.), it unfortunately omitted several very important ones: for example it neglected to deal with spousal support for the wife, and did not provide for a fair division of the husband's pension.
Nevertheless, the traditional will formalities have not adapted to an evolving technological context in which nearly all transactions — including massive end - of - life transfers under pension plans, brokerage accounts, life insurance policies, and the like — can be made electronically.
To avoid buying too much coverage, factor in your savings accounts, investments, retirement accounts, pensions, survivor's benefits, existing life insurance policies from employers, and other sources of income.
One can keep all their electronic insurance policies including life, pension, general or health insurance policies, even from multiple insurers, in the same account.
Annual Management Fee: The Annual Management fee is 1.35 % per annum on the Policy IPA and it is charged as percentage of the pension account value.
In case of death of the life insured, the higher of 105 % of gross premiums paid (including top - up premiums), gross premiums paid (including top - up premiums) compounded at 1 % p.a, or Balance in Individual Pension Account (IPA) plus prorated interest from last policy anniversary is payable.
In Alabama, marital and separate property means not only the obvious assets the couple owns such as «houses, automobiles, jewelry, clothes, bank accounts, and property,» but also includes «pensions and retirement accounts, investments, cash value of life insurance policies, family owned businesses, tax refunds, tax credits, [and] trademarks.»
IRS returns for the past 5 years Pay stubs for the past three months Current photos of your children Insurance policies Savings Account and Certificate of Deposit Statements Pension plan explanations Home mortgage materials Credit card numbers and balances.