Funding (of retirement benefits)

Funding (of retirement benefits)

The transfer of assets to an entity (the fund) separate from the employer’s entity to meet future obligations for the payment of retirement benefits.

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Part of Speech: noun
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Industry/Domain: Financial services
Category: Accountancy
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funding (of retirement benefits)

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The transfer of assets to an entity (the fund) separate from the employer’s entity to meet future obligations for the payment of retirement benefits.

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