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20 March, 01:30

What kind of fund collects and invests income for later payments to eligible recipients?

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  1. 20 March, 04:36
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    A pension fund is a fund that collects and invest income until payment are made to eligible recipients.

    A pension fund provides retirement income. it is also known as a superannuation fund in some countries, is any plan, fund, or scheme which provides retirement income.
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