PENSION FINANCE AND FUND MANAGEMENT -Pension administrator

ENGR.ECONOMIC ANALYSIS
14th Edition
ISBN:9780190931919
Author:NEWNAN
Publisher:NEWNAN
Chapter1: Making Economics Decisions
Section: Chapter Questions
Problem 1QTC
icon
Related questions
Question
PENSION FINANCE AND FUND
MANAGEMENT
-Pension administrator
-Pension Managers
-Pension Custodian
Provident is the lampsum payment
especially on retirement.
Pension is paid monthly upon
termination of services.
PARTIES TO THE PENSION CONTRACT
1. The employee
2. The employer
CLASSIFICATION
1. GROUP e.g NSSF pension scheme
2. INDIVIDUAL PS eg Central Bank PS
QN:
1. DISCUSS THE ROLES OF
ADMINISTRATION, MANAGEMENT
AND CUSTODIAN IN PENSION
SCHEME.
DENOI ON
Transcribed Image Text:PENSION FINANCE AND FUND MANAGEMENT -Pension administrator -Pension Managers -Pension Custodian Provident is the lampsum payment especially on retirement. Pension is paid monthly upon termination of services. PARTIES TO THE PENSION CONTRACT 1. The employee 2. The employer CLASSIFICATION 1. GROUP e.g NSSF pension scheme 2. INDIVIDUAL PS eg Central Bank PS QN: 1. DISCUSS THE ROLES OF ADMINISTRATION, MANAGEMENT AND CUSTODIAN IN PENSION SCHEME. DENOI ON
Expert Solution
steps

Step by step

Solved in 2 steps

Blurred answer
Knowledge Booster
Social Security System
Learn more about
Need a deep-dive on the concept behind this application? Look no further. Learn more about this topic, economics and related others by exploring similar questions and additional content below.
Recommended textbooks for you
ENGR.ECONOMIC ANALYSIS
ENGR.ECONOMIC ANALYSIS
Economics
ISBN:
9780190931919
Author:
NEWNAN
Publisher:
Oxford University Press
Principles of Economics (12th Edition)
Principles of Economics (12th Edition)
Economics
ISBN:
9780134078779
Author:
Karl E. Case, Ray C. Fair, Sharon E. Oster
Publisher:
PEARSON
Engineering Economy (17th Edition)
Engineering Economy (17th Edition)
Economics
ISBN:
9780134870069
Author:
William G. Sullivan, Elin M. Wicks, C. Patrick Koelling
Publisher:
PEARSON
Principles of Economics (MindTap Course List)
Principles of Economics (MindTap Course List)
Economics
ISBN:
9781305585126
Author:
N. Gregory Mankiw
Publisher:
Cengage Learning
Managerial Economics: A Problem Solving Approach
Managerial Economics: A Problem Solving Approach
Economics
ISBN:
9781337106665
Author:
Luke M. Froeb, Brian T. McCann, Michael R. Ward, Mike Shor
Publisher:
Cengage Learning
Managerial Economics & Business Strategy (Mcgraw-…
Managerial Economics & Business Strategy (Mcgraw-…
Economics
ISBN:
9781259290619
Author:
Michael Baye, Jeff Prince
Publisher:
McGraw-Hill Education