Retirement terms starting with P

5 terms

1. Payment Plan A method of payment through which a member receives his retirement annuity and, depending on the plan chosen, may provide a survivor benefit to his…
2. Pension Plan A defined benefit retirement annuity plan under one of the following: the South Carolina Retirement System; the Police Officers Retirement System; the…
3. Police Officers Retirement System (PORS) The name of the retirement system covering police officers, firefighters, peace officers, probate judges, and magistrates. See PORS for more information.
4. Pre-Tax Any type of contribution or compensation deducted from gross pay before earnings are taxed. Commonly referred to as deferred.
5. Prospectus A legal document describing securities being offered for sale to the public. It must be prepared in accordance with provincial securities commissions…