pension fund


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ThesaurusAntonymsRelated WordsSynonymsLegend:
Noun1.pension fund - a fund reserved to pay workers' pensions when they retire from service
fund, monetary fund - a reserve of money set aside for some purpose
2.pension fund - a financial institution that collects regular contributions from employers to provide retirement income for employees
nondepository financial institution - a financial institution that funds their investment activities from the sale of securities or insurance
Translations

pension fund

nfondo pensioni
References in periodicals archive ?
NIT Islamic Pension Fund - Money Market###September 04, 2019###(NIT-IPFMSF)###12.0466
Other factors related to a pension fund, such as the contribution rate and retirement age, are supplementary to balancing out youth unemployment and future payouts, which in my view are at the core of how a country must establish and manage it pension fund.
Islamabad -- The pension funds were first launched in 2007 under the Voluntary Pension System Rules, 2005, providing an avenue for long-term savings for retirement to the unit holders.
The total net assets of the voluntary pension fund industry are currently over Rs 26 billion contributed by more than 25,000 participants.
Tax credit of up to 20% of taxable income can be availed upon investment in pension funds. Moreover, persons over 40 years of age can avail even higher tax benefits.
Over 65 per cent of the assets of the pension fund industry are invested in Shariah-compliant funds.
The Teesside Pension Fund is the Local Government Pension Scheme that looks after the finances of pensions belonging to council employees on Teesside.
'I must indicate that the pension funds governance has direct implications for retirement income, both in terms of its impact on administrative efficiency and on the investment strategies of the pension fund, since these two factors determine the performance of the pension funds,' he said.
Professor Trajko Slaveski suggests reducing the amount of money transferred to the private pension funds. However, Bulent Dervishi, Director of MAPS, the regulatory body of the private pension funds, is strongly against it.
However, the SECP has issued a directive restraining pension fund managers from charge sales load up to 1.5 percent of the contribution if an investor carries out transaction online or through website.
KB first open mandatory pension fund counts 225,616 members, February 2017 included, while NLB mandatory pension fund counts 222,758 insurers.

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