individual policy pension trust

Definition of "individual policy pension trust"
  1. A retirement scheme where the employer acquires individual life insurance policies for its employees and maintains them in a trust to fund the retirement plan
How to use "individual policy pension trust" in a sentence
  1. The company established an individual policy pension trust to offer retirement benefits to its employees.
  2. Through the individual policy pension trust, each employee at the organization is covered by a distinct life insurance policy.
  3. The individual policy pension trust serves as an attractive benefit, helping businesses attract skilled employees.

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