The Federal Reserve is an example of ________.
Definitions:
Plan Assets
Assets that are held by a retirement plan from which the benefits to the participants are to be paid.
Funded Status
A measure of the financial health of a pension plan, indicating the difference between plan assets and liabilities.
Actuarial Value
A measure of the average amount of benefit a health insurance plan is expected to pay, used to compare different health insurance policies.
Actuary
A professional who analyzes financial risk using mathematics, statistics, and financial theory, mostly in the insurance and pension plan industries.
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