The phrase "administers pension" is correct and usable in written English.
It can be used in contexts where someone or an organization is responsible for managing or overseeing pension plans or benefits.
Example: "The company administers pension plans for its employees, ensuring they receive their benefits upon retirement."
Alternatives: "manages pension" or "oversees pension".
He then took as a hostage Charles W. Breitsman, 58, the president of the company, which administers pension plans.
There, at CW Breitsman Associates, a company that administers pension plans on the 16th floor of the high-rise, the suspect took at least one person hostage.
The ruling, which eventually may lead to an increase in pension payments for some of the 65,000 people who worked for Pan Am when it went out of business in 1991, affects the way the Pension Benefit Guaranty Corporation administers pension plans.
The U.S. Pension Benefit Guaranty Corp., which insures private defined benefit plans and takes them over if problems arise (it now administers pensions covering 1.5 million workers), has $200 million for 36,000 workers it can't locate.
A representative for the Los Angeles County Employee Retirement Assn., which administers pensions for the Sheriff's Department, said county officials were reviewing the defendants' cases.
The proposal would also create simple-to-administer pension plans for companies with fewer than 100 employees.
Although the Court repeatedly uses the word "trustee" to identify the persons who administer pension and welfare funds established in compliance with § 302(c)(5), Congress used the word "representative". See 29 U.S.C. 186(c)(5).
France has a large insurance industry dominated by major companies such as Axa, CNP, and AGF but also including a number of important mutual benefit societies, which administer pension plans.
If it's well administered, pension funds and other investors will be able to participate in the negotiations.
If a labor union's leaders did not meet these criteria, the union was prohibited from collecting or receiving dues from its members and from administering pension and welfare funds.
Along the way, Christian had made ends meet by selling knives, administering pensions and tending bar in London.
