Tag: pension
Years Certain Annuity
What is 'Years Certain Annuity' An insurance product that pays the holder a monthly income for a specified number of years. A...
National Pensions Reserve Fund
What is 'National Pensions Reserve Fund' The National Pensions Reserve Fund is a public pension fund established by the Republic of Ireland....
National Insurance Contributions (NIC)
What are National Insurance Contributions (NIC)?
National Insurance contributions (NIC) are payments made by employees and employers into the National Insurance scheme. The money is...
Office Of The Superintendent Of Financial Institutions (OSFI)
What is 'Office Of The Superintendent Of Financial Institutions - OSFI' An independent agency responsible for the regulation of banks, insurance companies,...
National Welfare Fund (Russia)
What is 'National Welfare Fund (Russia)' One of two parts of the Russian sovereign wealth fund, the other being the Reserve Fund....
National Social Security Fund (China)
What is 'National Social Security Fund (China)' A government-controlled investment fund established primarily to provide a reserve of funds for China's social...
Mean Reversion
What is the Mean Reversion? Mean reversion is a theory according to which the prices return back to the mean. This mean can be...
Annuity
An annuity can be best defined as a financial product which is exclusively designed and offered by insurance companies to help individuals grow funds....
Salary Reduction Simplified Employee Pension Plan (SARSEP)
What is 'Salary Reduction Simplified Employee Pension Plan - SARSEP' A plan offered by small companies - typically those with fewer than...
Savings Incentive Match Plan For Employees Of Small Employers (SIMPLE)
What is 'Savings Incentive Match Plan For Employees Of Small Employers - SIMPLE' A retirement plan that may be established by employers,...