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For historical reasons some universities (the ancient universities of England and Scotland) do not fully adhere to the Framework (particularly with respect to the title of Master of Arts), and degrees in medicine, dentistry, and veterinary medicine are titled as bachelor's degrees despite being at master's level.
Retirement plans are classified as either defined benefit plans or defined contribution plans, depending on how benefits are determined.. In a defined benefit (or pension) plan, benefits are calculated using a fixed formula that typically factors in final pay and service with an employer, and payments are made from a trust fund specifically dedicated to the plan.
History. Public transit in Mason County was conceived with the establishment of a public transportation benefit area (PTBA) on September 22, 1987. After two unsuccessful attempts at approving the PTBA in 1985 and 1988, a countywide vote on November 15, 1991 approved the Mason County Public Transportation Benefit Area and a sales tax of 0.2% to fund public transportation.
The TRF benefit consists of two parts: the monthly pension benefit and the Annuity Savings Account (ASA). [3] The monthly pension benefit is determined by salary history, years of service, age, and the retirement option selected. TRF members become vested in the pension benefit after 10 years of qualified Indiana service.
The Regional Transportation Authority (RTA) is the financial and oversight body for the three transit agencies in northeastern Illinois; the Chicago Transit Authority (CTA), Metra, and Pace, which are called Service Boards in the RTA Act. [1]
Mineral trioxide aggregate (MTA) is an alkaline, cementitious dental repair material. MTA is used for creating apical plugs during apexification, repairing root perforations during root canal therapy, and treating internal root resorption.
Employees hired after 1983 are required to be covered by the Federal Employees Retirement System (FERS), which is a three tiered retirement system with a smaller defined benefit (pension), Social Security, and a 401(k)-style system called the Thrift Savings Plan (TSP). The defined benefits of both the CSRS and the FERS systems are paid out of ...
Most new federal employees hired on or after January 1, 1987, are automatically covered under FERS. Those newly hired and certain employees rehired between January 1, 1984, and December 31, 1986, were automatically converted to coverage under FERS on January 1, 1987; the portion of time under the old system is referred to as "CSRS Offset" and only that portion falls under the CSRS rules.
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