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Yes, pension money can be referred to as a surplus when the assets held by a pension plan exceed its liabilities, meaning it has more funds than necessary to meet future obligations to retirees. This surplus can provide financial stability for the pension plan and may allow for increased benefits or lower contributions from employers and employees. However, it's important to manage surpluses carefully, as market conditions and demographic changes can affect future funding requirements.
What else can I help you with?
Can you borrow money from your pension plan?
Can you borrow against money from your pension plan?
What happens to your pension if company is taken over or bought?
If a company is taken over or bought, the employee with a pension has the right to ask management how the pension is going to work. If an employee has money tied up in an IRA, then the company can refund that money to start a new program or continue the program.
What is a sentence for pension fund?
The company's pension fund was drained by the white-collar criminal, so that no money was left to pay retired workers.
Is Money market provides the investors a place for parking surplus funds for short period of time?
Money market provides the investors a place for parking surplus funds for short period of time. Elaborate.
How does one go about a cash out of the equity within a Personal Pension?
If you want to get out of your equity within your personal pension you'll have to take out loan. Or you can just take the money out of the account. But there's a catch, this money will be taxed as income.
You would like to know about the pension fund of pick n pay if it does have a surplus for the employees from 1984-2005 for them to claim back their money?
To determine if Pick n Pay's pension fund had a surplus from 1984-2005, you would need to request this information directly from Pick n Pay's human resources or finance department. They would be able to provide details on the status of the pension fund during that period and if there is any surplus available for employees to claim back their money.
What do you call money obtained after serving a career in the Army?
That would be a military pension.
Can you borrow money from your pension plan?
Can you borrow against money from your pension plan?
What are the atvantages of having a surplus of crops?
You can sell the surplus of crops for money.
What was the surplus in ancient Rome?
money
Do you have to pay FICA on pension money?
No
Can your beneficiary collect pension after your suicide?
Can you collect pension money after my brother commited suicide
What is pension deficit?
It is when there is not enough money to pay pensions. For example lots of companies have money set aside to pay their retired employees which is funded through existing employees paying into the pension scheme. If the amount of money to be paid to retired employees is more than there is in the pension fund, then the company has a pension deficit. At some point the money will run out.
Who to contact about money owed you from your pension money that was owed you?
The company that owes you the money.
What is surplus budget?
A surplus budget is a year in which more money is taken in than is spent. This situation is very unusual in recent years, but did occur a couple of times in the 1990s.
What is the Money Advice Service now called?
The name Money Helper will replace the old brands Money Advice Service, Pension Advisory Service and Pension Wise from June.
When does a budget surplus result?
A budget surplus results when the goverment collects more money than it spends.
