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Term of the Day
Statement of Changes in Net Assets Available for Pension Benefits
Statement of Cash Flows
statement of condition
Definition
A
financial
report of
transactions
which
affect
the
value
of
assets
held
to
cover
pension benefit
claims
. The
statement
is released
monthly
or
annually
.
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Popular 'Retirement' Terms
annuity
OASDI
deferred compensation
Social Security
IRA
qualified retirement plan
annuitant
non-qualified retirement plan
liquid net worth
401(k) plan
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