0 an amount of money that is being controlled for a person or organization by another person or organization:
1 an amount of money, property, etc. that is kept and managed for someone by another person or organization:
The change from the current attribute levels inherent in the current management strategy are those that are required to ensure a zero trust fund contribution.
When the trust fund exhausts and benefit cuts are required, lifetime benefits fall beginning with the 1970s birth cohort.
This implies that the one-time benefit cut at trust fund exhaustion has a large impact on these workers.
In the long-run, building a trust fund results in lower contribution rates, and higher aftertax income, which enables agents to save more.
In the smoothing scenario, the reduction in private assets amounts roughly to 60 % of the wealth held by the public trust fund.
A biodiversity trust fund is under discussion to further these efforts.
The reforms implemented to address the trust fund crises of that period affected all future beneficiaries, but hit maximum wage earners the hardest.
But, of course, there are several political-economy risks associated with holding assets in a central trust fund within a cash-flow budgetary framework.
