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30 December, 09:41

Item 3Item 3 Pension funds are monies put aside by corporations, nonprofit organizations, or unions to fund the financial needs of their employees, upon retirement.

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  1. 30 December, 12:25
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    Pension funds are contribution set aside by employers paid into a Pension Fund Administration (PFA) company for the purpose of retirement.

    Explanation:

    Pension funds are monies credited into the Individual Retirement Savings (IRS) Account by the employer, with a focus on providing financial comfort to the employees at retirement.
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