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Of what elements does a pension plan's funding structure consist?
The funding structure consists of existing assets such as cash and investments, obligations for currently retired employees, obligations for future retirees, and expected future contributions
What are the advantages of self-funding health insurance?
Self-funding health insurance can offer advantages such as cost savings, flexibility in plan design, and potential financial benefits if claims are lower than expected.
What are the employee contributions for a defined benefit plan?
Employee contributions for a defined benefit plan are predetermined and fixed by the employer, based on factors like salary and years of service. Employees do not typically contribute directly to the plan, as the employer bears the responsibility for funding the plan to provide the specified benefits upon retirement.
What is feasibility plan?
The feasibility plan refers to an evaluation and analysis of the potential of a proposed project which is based on extensive investigation and research.
Name 5 key parts of a financial plan?
rights project/activity/program brief description milestone funding=source and amount accomplishment and others
What are the disadvantages of the rucker plan?
The Rucker Plan, while aiming to address educational funding disparities, has several disadvantages. Firstly, it may lead to increased complexity in the funding allocation process, making it difficult for some districts to navigate. Additionally, it could inadvertently perpetuate inequalities if wealthier districts find ways to supplement their funding further, undermining the plan's intent. Finally, the implementation might face resistance from stakeholders who are concerned about potential changes to their funding and resources.
The program management office creates a(n) plan for each fiscal year of funding that is available for new obligations and a(n) plan for each fiscal year of funding that has been completely expended.?
annual/quartelly
What can be used for predicting program obligation performance and funding requirements?
Spending Plan
What tool allows commanders to decide how funding will be spent to execute their assigned missions?
budget execution plan
What should a new organization have to plan to make a new organization?
A new organization should have to plan to improve and get funding to help its objectives.
How much highway funding was planned for 2003?
In May the new highway funding plan was worked out to approximately $320 billion, which becomes effective in October 2003.
What is something that hinders progress or an unstable part of a plan called?
A bottleneck is something that hinders progress or an unstable part of a plan. It refers to a point where the flow of work is impeded, causing delays in the overall process.
What considerations influence a pension plan's funding structure?
The plan's funding structure is influenced by several factors, including the growth stage of the company, estimates for future employee and profit growth, expected future investment returns, and future tax rates.
What allows commanders to decide how funding will be spent to execute their assigned missions?
Budget execution plan
A(n) can be used for predicting program obligation performance and funding requirements and identifying potential budget execution problems?
Spending Plan
Is plan a action verb?
Yes, "plan" can function as an action verb. It refers to the process of outlining or organizing steps to achieve a specific goal or outcome. For example, you might say, "I plan to complete my project by next week." Here, "plan" describes the action of making arrangements or setting objectives.
What is a competitive grant?
A competitive grant is a type of funding awarded to individuals or organizations based on a competitive application process. Applicants submit proposals detailing their projects, objectives, and how they plan to use the funds, and these proposals are evaluated against specific criteria. Only those that demonstrate the greatest potential for impact or innovation are selected to receive funding. This process encourages high-quality proposals and ensures that resources are allocated effectively.
