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CERTIFICATE OF ACKNOWLEDGEMENT OF RECEIPT OF ADDENDUM
THE CITY OF READING
ADDENDUM NO. 1Project: Aggregated Pension
DUE DATE: Thursday, January 18, 2018This addendum is issued for the purpose of clarifying
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What is project aggregated pension?
Project aggregated pension is a pension scheme that combines multiple pension funds into one larger pooled investment portfolio.
Who is required to file project aggregated pension?
Employers who offer pension plans to their employees are required to file project aggregated pension.
How to fill out project aggregated pension?
To fill out project aggregated pension, employers must gather information on all the individual pension funds being combined and report them in a consolidated form.
What is the purpose of project aggregated pension?
The purpose of project aggregated pension is to streamline the management of multiple pension funds and potentially achieve better investment returns through pooling assets.
What information must be reported on project aggregated pension?
Employers must report details on each individual pension fund being aggregated, such as fund name, fund size, investment strategy, and performance.
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