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  2. Social Security System (Philippines) - Wikipedia

    en.wikipedia.org/wiki/Social_Security_System...

    The SSS PESO (Personal Equity Savings Option) Fund is a voluntary savings program that members can utilize to augment their retirement benefits from the regular membership. [20] Launched in September 2014, it is a provident fund that gives tax-free returns and it can be made available effective upon the retirement of the members or when certain ...

  3. A Guide to Interest Coverage Ratio - AOL

    www.aol.com/guide-interest-coverage-ratio...

    Interest coverage ratio, or ICR, is used to evaluate a company’s ability to pay the interest it owes on its debts. There is no generally agreed upon standard for what makes a healthy ICR across ...

  4. Government Service Insurance System - Wikipedia

    en.wikipedia.org/wiki/Government_Service...

    It is not possible for non-government employees, self-employed or non-working persons to become members of the GSIS. Instead, they are covered by the Social Security System (SSS). Meanwhile government employees in addition to GSIS, can also become members of the SSS at their own cost.

  5. Defined benefit pension plan - Wikipedia

    en.wikipedia.org/wiki/Defined_benefit_pension_plan

    The benefit in a defined benefit pension plan is determined by a formula that can incorporate the employee's pay, years of employment, age at retirement, and other factors. A simple example is a dollars times service plan design that provides a certain amount per month based on the time an employee works for a company. For example, a plan ...

  6. The rule of 25 for retirement: What it means and how to ... - AOL

    www.aol.com/finance/rule-25-retirement-means...

    Rule of 25: After accounting for her Social Security and other sources of retirement income, Katie plans to spend $40,000 a year in retirement. 40,000 x 25 = $1 million, so Katie would need $1 ...

  7. How to Calculate Your High-3 for Federal Retirement - AOL

    www.aol.com/finance/calculate-high-3-federal...

    Continue reading → The post How to Calculate Your High-3 for Federal Retirement appeared first on SmartAsset Blog. While these formulas vary depending on certain factors, income and service ...

  8. Pension systems by country - Wikipedia

    en.wikipedia.org/wiki/Pension_systems_by_country

    Employees Provident Fund – Private voluntary retirement contribution system; Retirement Fund – Public pensions; Armed Forces Fund Board – Military pensions; Mexico – Mexico Pension Plan; Netherlands – Algemene Ouderdomswet; New Zealand: New Zealand Superannuation – public pensions; KiwiSaver – Private voluntary retirement ...

  9. Retirement plans in the United States - Wikipedia

    en.wikipedia.org/wiki/Retirement_plans_in_the...

    Retirement plans are classified as either defined benefit plans or defined contribution plans, depending on how benefits are determined.. In a defined benefit (or pension) plan, benefits are calculated using a fixed formula that typically factors in final pay and service with an employer, and payments are made from a trust fund specifically dedicated to the plan.

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