Incorporation Into Funding Agreement
Definition of "Incorporation into funding agreement"
Factors taken into account concerning the instrument used in funding a pension plan. For example, an allocated funding instrument guarantees that benefits will be paid for all premium payments received. This should eliminate concerns of employees about the availability of funds to pay their benefits at retirement.
Popular Insurance Terms
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Trust in which rights to make any changes therein are surrendered permanently by the grantor. The grantor uses this type of trust to transfer assets and any potential depreciation out of ...
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One of the major underwriting organizations for insurance company pools insuring commercial aircraft liability exposure. ...
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