Retirement terms starting with I

5 terms

1. Inactive Member A member who is no longer employed by a public or governmental entity that participates in one of the South Carolina Retirement Systems’ plans and does…
2. Income Includes but is not limited to the following items: earned income such as compensation for services, fees, commissions, salaries, wages and similar items…
3. Inflation A condition of increasing prices. Inflation is generally measured by the Consumer Price Index.
4. Interest The term interest is used to describe the cost of using money, a right, share, or title in property.
5. IRC Section 401(a) Tax code section authorizing a qualified retirement plan to be operated and supported by an employer and to provide retirement benefits.