- Retirement annuities
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English-Arabic economic glossary.
Retirement annuities
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Illinois Municipal Retirement Fund — The Illinois Municipal Retirement Fund (or IMRF) is a pension fund created in 1939 by the Illinois General Assembly for municipal employees in the state of Illinois. IMRF began operating in 1941 with 5 original employers and $5,000 in assets.… … Wikipedia
Individual Retirement Annuity — A retirement investment vehicle that is structured similarly to a individual retirement account (IRA), except that in this instance, an annuity contract must be purchased, subject to a number of conditions which must be met. An individual… … Investment dictionary
French special retirement plan — In France employees of some government owned corporations enjoy a special retirement plan, collectively known as régimes spéciaux de retraite . These professions include employees of the SNCF (national railways), the RATP (Parisian transport),… … Wikipedia
Locked-In Retirement Account — A Locked In Retirement Account (LIRA), and the virtually identical Locked in Retirement Savings Plan (LRSP), are Canadian investment accounts designed specifically to hold locked in pension funds for former plan members, former spouses or common… … Wikipedia
Railroad Retirement Board — The Railroad Retirement Board (or RRB) is an agency of the United States government created in the 1930s to administer a social insurance program providing retirement benefits to the country s railroad workers. The RRB serves U.S. railroad… … Wikipedia
Federal Employee Retirement System - FERS — A system that became effective in 1987 and replaced the Civil Service Retirement System (CSRS) as the primary retirement plan for U.S. federal civilian employees. Retirement benefits under FERS are accumulated in three ways: a) through Social… … Investment dictionary
Reversionary Annuities — A retirement income strategy that combines an insurance policy with an immediate annuity to provide for a surviving spouse. Similar to a permanent life insurance policy, the policy owner of a reversionary annuity pays a premium to guarantee a… … Investment dictionary
Northwestern Mutual Financial Network — Northwestern Mutual Type Mutual Industry Insurance: Life Health Founded 1857 … Wikipedia
United States — a republic in the N Western Hemisphere comprising 48 conterminous states, the District of Columbia, and Alaska in North America, and Hawaii in the N Pacific. 267,954,767; conterminous United States, 3,022,387 sq. mi. (7,827,982 sq. km); with… … Universalium
Guaranteed Earning Increase Death Benefit — A type of option that annuitants can purchase for their retirement annuities. This option would guarantee the beneficiary that the plan would receive an additional pre determined amount of money that would be above and beyond the death benefit in … Investment dictionary
Guaranteed Minimum Withdrawal Benefit - GMWB — A type of option that annuitants can purchase for their retirement annuities. This specific option gives annuitants the ability to protect their retirement investments against downside market risk by allowing the annuitant the right to withdraw a … Investment dictionary
