Compensation Glossary

# A B C D E F G H I J K L M N O P Q R S T U V W - Z

Self-Administered Trusteed Plan

This is a retirement plan whereby contributions for the purchase of pension benefits are made to a bank (known as the trustee), which in turn makes investments with the money and pays benefits to eligible employees from the monies accumulated and interests earned.

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Self-Administered

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Self-Funding (Self-Insurance)

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