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| Contributory pension | |
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| CONTRIBUTORY PENSION Definition: A retirement pension towards which an employee contributes while he is employed, the employer also making a contribution. ______________________________________________________________________ * All six elements should be in. 1. Purposeful and necessary to have scheme in place. 2. Legal authority exists for the scheme being operated. 3. Contributions will be professionally managed - giving the highest and best possible return on investment. ______________________________________ THE INVESTORS WILL NOT BE JITTERY. Quote: "One who plants grapes by the roadside, and one who marries a pretty woman, share the same problem". - Ethiopian proverb. See perfect ECONOMIC GROWTH (2). See perfect PREPARATION (2). 4. Financial benefits to retirees will be higher than that which may be provided by other comparative pension schemes. 5. The contributor will be alive to reap fruits of labour. 6. Arrangement serves purpose(s) for parties involved. _____________________________________ NO COMPLAINTS BY THE STAKEHOLDERS. Quote: "I used to think that anything was better than nothing. Now I know that sometimes nothing is better". - Glenda Jackson. See perfect WIN-WIN. See perfect RETIREMENT (2). | |
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1520 Products was established in 2005 with the purpose of entertaining and teaching us on key and important aspects of life (such as marriage, sex, etc) through the playing of games which will allow us to laugh but at the same time pass a message of what is the right or ideal way. |
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