pension fund
Definition
Pooled-contributions from pension plans set up by employers, unions, or other organizations to provide for the employees' or members' retirement benefits. Pension funds are the largest investment blocks in most countries and dominate the stock markets where they invest. When managed by professional fund managers, they constitute the institutional investor category with insurance companies and investment trusts. Commonly, pension funds are exempt from capital gains tax and the earnings on their investment portfolios are either tax deferred or tax exempt.
pension fund is in the Banking, Commerce & Finance, Investing and Securities & Futures Trading subjects.
pension fund appears in the definitions of the following terms:
statutory investment,
commuted value,
actuarial valuation,
payroll deduction,
pay as you go,
institutional investors,
transfer value,
investment grade,
fixed charges,
actuarial basis of accounting
and
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