Employers are the only ones that make contributions to this type of plan. Contributions made to the plan are based on the profits earned by the business. The shortfall between government revenues and budgetary spending in any given year. A surplus occurs when annual revenues exceed expenditures. A registered pension plan that does not promise an employee a specified benefit upon retirement.
Benefits depend on the performance of investments made with contributions to the plan.
Also known as the par value or face value. A person who relies on an other for support. Charges made against earnings to write off the cost of a fixed asset over its estimated useful life. Depreciation does not represent a cash outlay. Itis a bookkeeping entry representing the decline in value of an asset that iswearing out.