Pension Fund

A pension fund is a collection of assets that benefits a certain group of employees. Professional investment managers handle the finances of the pension, while a board of directors will often oversee the manager and guide investment decisions. The goal of managing the pension fund is to make sure there are enough funds to support employees with a stable retirement income, both today and in the future. Unlike other associations, pension funds must meet various regulatory requirements to protect their beneficiaries. Pension fund boards and their members hold elections to decide on investments, benefits, and professional staffing decisions.

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