B c 100 after 5 years of service graded vesting 20

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Unformatted text preview: years of service Graded vesting: 20% after 3 years, then 20% each additional year until Graded 100% vested 100% Pension formulas vary; (base % + add-ons * years) * MAX salary All Rights Reserved Dr David P Echevarria 7 PENSION FUND MANAGEMENT PENSION A. A. Insured Vs. Trust Portfolios 1. Insured; insurance annuity plans with guaranteed returns 2. Trust; the atypical stock investment plan via mutual fund Trust; portfolios portfolios B. Insured funds sensitive to interest rate risk, trust Insured portfolios to acumen of fund managers and the vagaries of the market vagaries 1. Risk management is essential 2. Stock funds manage risk by selecting sectors or particular Stock stocks stocks 3. May also use derivatives to...
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This document was uploaded on 02/11/2014.

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