- welfare fund
: a fund usually established by an employer from which benefits are paid to employees in time of sickness or other specified occasion and commonly set up in response to union pressure and as a contractual obligation
* * *a fund set up by a union or employer, providing benefits to workers during a period of unemployment or disablement, as salary continuance while ill.
* * *welfare fund,a fund to provide benefits for workers, set up by a union from its own dues, or by an employer under terms of the Taft-Hartley Act.
Useful english dictionary. 2012.
Look at other dictionaries:
welfare fund — a fund set up by a union or employer, providing benefits to workers during a period of unemployment or disablement, as salary continuance while ill. * * * … Universalium
National Welfare Fund (Russia) — One of two parts of the Russian sovereign wealth fund, the other being the Reserve Fund. The National Welfare Fund invests its funds abroad to counteract inflation in the Russian ruble. Combined, the Reserve Fund and National Welfare Fund make up … Investment dictionary
Kerala Handloom Workers' Welfare Fund Board — The Kerala Handloom Workers Welfare Fund Board is a statutory entity created under the Kerala Handloom Workers Welfare Fund Act of 1989. [http://keralalawsect.org/acts/Act1989/Act2 1989/Act.html] The head office of the Board is situated near the… … Wikipedia
joint welfare fund — see fund 1 Merriam Webster’s Dictionary of Law. Merriam Webster. 1996 … Law dictionary
fund — 1 n 1: a sum of money or other resources whose principal or interest is set aside for a specific objective cli·ent security fund: a fund established by each state to compensate clients for losses suffered due to their attorneys misappropriation… … Law dictionary
Welfare and poverty in Yemen — According to the United Nations, Yemen ranks 151st out of 177 countries on the human development index (HDI), a measure of life expectancy, education, and standard of living. [http://lcweb2.loc.gov/frd/cs/profiles/Yemen.pdf Yemen country profile] … Wikipedia
Welfare reform — is a movement for policy change in countries with a state administered social welfare systems. Welfare reform is a movement to change a government s social welfare policy with aims at reducing recipient dependence on the government. Members of… … Wikipedia
fund — A fiscal and accounting entity with a self balancing set of accounts in which cash and other financial resources, all related liabilities and residual equities, or balances, and charges therein, are recorded and segregated to carry on specific… … Financial and business terms
welfare state — By 1950, it was unremarkable to describe Britain as a ‘welfare state’. Mostly this term referred to the new legislation to promote social welfare, but sometimes it stood for a more general view of social and political culture. References could … Encyclopedia of contemporary British culture
Fund for Assistance to Private Education — with the mandate of providing assistance to private education institutions in the Philippines.HistoryFAPE was established in the sixties from the confluence of two factors, namely: the recognition of the crucial role of private education in… … Wikipedia