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单词 minimum funding requirement
释义 minimum funding requirement

= MFR

In the UK, the legal requirement that the assets of an occupational pension should represent at least 90% of its liabilities at any time. Since the liabilities and assets of a fund relate to future obligations and returns, both depend on certain actuarial assumptions about the future and thus may fluctuate from year to year. The MFR was introduced as a provision of the Pensions Act 1995 and came into force in 1997.

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更新时间:2025/2/2 14:24:14