Sentences with phrase «of pension plans»

These types of pension plans do offer teachers some advantages.

There are two kinds of pension plans, defined benefit and defined contribution plans.

But, if you're a member of a pension plan, consider this: Your pension plan is not guaranteed.

Surrender of policy before maturity in case of Pension plans Let me tell you, it is not a good idea as it bear has two way tax implications.

If you have questions, please contact the administrator of your pension plan using the contact information given you in the notice.

In the other four states, where schools could opt out of the pension plan with no repercussions, between 23 % and 41 % still opted to join the pension system.

The extreme flexibility of the pension plans offers different choices and you can choose in accordance with your saving habits.

Trustee - The person (s) or entity that has the exclusive authority and discretion to manage and control the assets of a pension plan.

It is very unlikely that the state can change the terms of a pension plan that a person is already participating within.

The annuity is the most distinctive feature of pension plans and generally comes in two types, immediate and deferred.

One will get the benefit of pension plan through his or her lifetime with a range of six annuities to choose from.

An individual of minimum age 18 year and maximum 65 years can buy the plan, while the maturity age of the pension plan is minimum 45 years and maximum 75 years.

The decline of pension plans is an unfortunate reality for today's American worker.

As people are getting older and need some form of pension plan, there are less people contributing to them.

My fixed income portions have been keep improving for last 18 months because of my pension plan contributions.

This change is easy to understand given the increasingly high costs of pension plans.

By enforcing longer «vesting periods» and creating new, less generous plans for younger teachers, fewer teachers will share in the promises of the pension plans.

To ensure the accuracy of pension plan assumptions, state retirement systems conduct regular «experience studies» to compare their assumptions with data about the actual numbers observed on the ground.

They often weren't aware of the details of their pension plans, or their insurance, or how much they were spending in interest on their credit cards.

Usually the surviving spouse for purposes of a pension plan is the individual to whom the participant was married when benefit payments began.

An annuity is a term used to outline the systematic payouts that you receive out of your pension plan after your retirement.

The sum assured is the life insurance cover that the insured receives during the tenure of the pension plan.

With a single - life payout, only the owner of the pension plan receives a monthly payment until they pass away.

We use the benefit formulas of pension plans to estimate the pension wealth of individual teachers.

Contrary to the theories of pension plan advocates, shifting to alternative retirement plans that didn't push out veteran teachers would be better for students.

Firstly, under the provisions of the pension plan, the husband was required to name a «pension partner» which determined how long the pension would run.

The regular payouts you get of your pension plan post retirement is called annuity.

What the minimum guarantee of pension plans offers you is awareness of the amount that you will definitely receive at the end of the policy period.

They have a variety of pension plans, child plans, savings and investment plans.

After submitting all the required documents, your insurer will assess your claim depending on the information provided at the inception of the pension plan and the documents submitted.

This will provide a more realistic representation of the current position of your pension plan.

Personally, I am not a fan of Pension Plans launched by insurance companies.

There are two different types of pension plans — a defined benefit pension plan and a defined contribution pension plan.

There are maturity and death benefits associated with this kind of pension plans.

If you are a member of a pension plan, your pension adjustment will reduce the amount you can contribute to your RRSP.

However, the sum assured under the rider will not exceed the sum assured under the base policy other than in case of pension plans.

Trust - For pension plan purposes, a fund established to hold and invest the assets of a pension plan.

With the decline of pension plans, we see these figures changing as time progresses, so we want to hone in on other ways to establish a steady income throughout retirement.

On the other hand, a joint - life payout allows both the owner of the pension plan and their spouse receive a monthly payment until they both pass away.

They significantly enhance the benefits of a pension plan.

LIC New Jeevan Nidhi is one of the Pension Plans provided by Life Insurance Corporation of India.

First policy is one of the Pension Plans whereas second policy is one of the Money Back Life Insurance Plans.

Due to an increase in the effective interest rate that decreased pension plan liabilities by 10 %, the funded status of pension plans rose eight percentage points in the second quarter, from 79 % to 87 %, according to Sibson Consulting and Segal Rogerscasey.

Represented not - for - profit organizations at Financial Services Tribunal hearing into funding liability on wind up of pension plans.

Yet a majority of pension plans in North America require a 6 % to 7 % return to stay in surplus, and this doesn't even account for the constraints that will come with an aging demographic.