MLchartDataset catalogue

Funded pension plan

Term · Insurance and risk management · MLC-T-INS-001614

A retirement scheme where assets are accumulated and held separately from the employer's general assets to meet future pension obligations to employees. Contributions from the employer, employees, or both are invested to grow the fund. This segregation provides security for beneficiaries, as the assets are protected even if the employer faces financial difficulties.

Table 1. Record
IdentifierMLC-T-INS-001614
FieldInsurance and risk management
Record as JSON 
{
  "id": "MLC-T-INS-001614",
  "term": "Funded pension plan",
  "field": "Insurance and risk management",
  "definition": "A retirement scheme where assets are accumulated and held separately from the employer's general assets to meet future pension obligations to employees. Contributions from the employer, employees, or both are invested to grow the fund. This segregation provides security for beneficiaries, as the assets are protected even if the employer faces financial difficulties.",
  "url": "https://mlchart.com/terminology/insurance/funded-pension-plan/"
}

Record 1,520 of 3,748 in Insurance and risk management terminology (MLC-0106). Request the full dataset.