Examlex
The NASPE recommendations for children's physical activity are 60 or more minutes of physical activity per day.
Defined Benefit Pension Fund
A type of pension plan in which an employee receives a predetermined monthly payment in retirement, the amount of which is based on salary history and length of service.
Actuarial Assumed Rate
Actuarial Assumed Rate is the interest rate estimate used by actuaries to calculate the present value of future pension obligations or insurance liabilities.
Legal Title
The formal ownership of property, which includes the rights to use, manage, and dispose of the property.
Personal Trust
A legal arrangement where assets are managed by a trustee for the benefit of another party, based on trust and confidence.
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