HOUSE_OVERSIGHT_021012.jpg
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Review Pension: Pension Plan Definitions / Characteristics
e “Guaranteed” Pension Plan — Retirees receive predetermined monthly
retirement benefits from employers despite the funding status /
investment returns of their pension funds. Also known as defined benefit
pension plan.
e Defined Contribution Pension Plan — Retirees contribute specified
amounts to their pension funds and receive variable monthly retirement
benefits depending on investment returns. Examples include Individual
Retirement Accounts (IRAs) and 401(k) plans.
if D
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Expenses
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HOUSE_OVERSIGHT_021012
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| Filename | HOUSE_OVERSIGHT_021012.jpg |
| File Size | 0.0 KB |
| OCR Confidence | 85.0% |
| Has Readable Text | Yes |
| Text Length | 729 characters |
| Indexed | 2026-02-04T16:43:21.558067 |
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