Retirement Protection Act of 1994


 

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Retirement Protection Act of 1994

Legislation designed to protect the pension benefits of workers and retirees by increasing required support of pension plans by employers.



Retirement Protection Act of 1994

Similar Matches

Individual Retirement Account (IRA)

Individual Retirement Account (IRA)

A retirement account that may be established by an employed person. IRA contributions are tax deductible according to certain guidelines, and the gains in the account are tax-deferred.


Early retirement

Early retirement

For company pension schemes, an employee may retire at an early age provided it is authorised by the company. In the UK, qualifying ages are 50 for men and 45 for women. However, the amount of pension payable will reduce compared with the amount payable at normal retirement age.


Normal retirement

Normal retirement

The age or number of working years after which a pension plan beneficiary can retire and receive unreduced benefits immediately.


Debt retirement

Debt retirement

The complete repayment of debt. See: Sinking fund.


Registered Retirement Savings Plan (RRSP)

Registered Retirement Savings Plan (RRSP)

Tax-sheltered retirement plan for Canadian citizens, much like an American IRA.


Further Suggestions

Bonds Enabling Annual Retirement Savings (BEARS)
Tax deferred retirement plans
unfunded unapproved retirement benefits scheme
Retirement
IRA (individual Retirement Account)
retirement relief
Employee Retirement Income Security Act
phased retirement
Employee Retirement Income Security Act (ERISA)
normal retirement date
individual retirement account
normal retirement age
retirement annuity contract (RAC)


 
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