Crisis rocked the planned inauguration of the board of Nigeria Social Insurance Trust
Fund (NSITF) on Thursday, as the Minister of Labour and Employment, Dr.
The National Insurance Trust
Fund has deployed 12 teams to estimate the damages to grant insurance compensations for the victims, state radio reported.
As the Committee for a Responsible Federal Budget notes, the CBO outlook also finds that a number of major federal trust funds face exhaustion in the coming years, including the Highway Trust Fund in 2021, the Social Security Disability Insurance Trust
Fund in 2023, the Medicare Part A (Hospital Insurance) Trust Fund in 2025, and the Social Security Old-Age and Survivors Insurance Trust
Fund in 2031.
Smithfield Foods received a $5,000 grant for second place, and Safety National awarded South Carolina Municipal Insurance Trust
with the $2,500 third-place grant.
The lawyers' fees will be covered by the Public Universities Risk Management and Insurance Trust
, with "excess coverage" provided by a United Educators policy the university holds, UO spokesman Tobin Klinger said in an email.
Imagine you're the trustee of an irrevocable life insurance trust
and you receive a notice from the carrier that the trust's 85 million death benefit policy is going to lapse in 12 months, the insured is 82 years old and the premiums paid to date exceeds 81 million.
Auditors first uncovered a deficit in fiscal 2013 in the millions, much attributed to annual underfunding of the town's health insurance trust
The business in these trusts will reimburse the Board for the cost of these 'assumption of liability policies' over ten years, at low interest rates" continued Azzopardi, adding: "By December 31, 2013, the Board will finalize the insurance policy purchase on behalf of the two largest defaulted group trusts, the Healthcare Industry Trust of New York and the Healthcare Providers Self Insurance Trust
. Additional proceeds can purchase insurance policies for group trusts that refused to meet their claim obligations and whose claims the Board now administers.
The bank's majority shareholder, Social Security and National Insurance Trust
(SSNIT), has finally chosen a buyer, Fortiz, which was one of the three companies short listed a couple of months ago as likely candidates to take over the bank.
We've spent decades protecting our clients from the eroding effects of estate taxes, advising them to keep their life insurance outside of the estate, in an Irrevocable Life Insurance Trust
(ILIT), in order to leverage the tax advantages of the death benefit.
A second-to-die contract is perfect for this purpose and is usually purchased though an irrevocable life insurance trust
, or ILIT, to prevent the death proceeds from being included in the insured's gross estate.