Welcome to the 1520 Perfect Dictionary
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| Retirement plan | ||
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| RETIREMENT PLAN Definition: (North American English) A system in which you, and usually your employer, pay money regularly into a fund while you are employed. You are then paid a pension when you retire. ______________________________________________________________________ * All seven elements should be in. 1. Purposeful and necessary, for all concerned ! 2. Legal. That is, scheme is backed by extant laws. ___________________________ See perfect SYSTEM (1). Quote: "Think of retirement as the opposite but equally unhealthy extreme on the other side of being in a perpetual state of high stress and anxiety. Just as it is not healthy to overwork yourself, it's also not healthy to not work at all". - Linda Westwood. Quote: If you sleep in youth, you'll cry in your old age". - Sardinian proverb. | ||
| Below the Line | ||
| 1. Operators are efficient and effective. That is, truly honest and professional fund administrators/managers. 2. You are briefed regularly on the performance of your savings and all your questions and inquiries, if any, are answered satisfactorily and timely (connect to #1 below the line). __________________________________ See perfect EMBEZZLER. further below the line 1. (Reserved.) (A provision in the law, to exit plan will be available! That is, participation in system will not be compulsory.) 2. Funds (= pension) due to you are calculated correctly on your retirement (to emphasize, connect to #1 below the line). __________________________________ See perfect NUMBERED ACCOUNT. much further below the line 1. Pension will be received by you after end of service period. Not by a next-of-kin or some other(s). __________________________________ See perfect RETIREMENT (2). Quote: "The goal of retirement is to live off your assets - not on them". - Frank Eberhart. Quote: "Retirement has been a discovery of beauty for me. I never had the time before to notice the beauty of my grandkids, my wife, the tree outside my very own front door. And, the beauty of time itself". - Hartman Jude. Quote: "Never retire, but if you must retire due to health, family or uncontrollable job circumstances, stay active and be engaged in the world. Work part time, volunteer and continue friendships that may have been nurtured during prime working years". - Pamela Sandy. |
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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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