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Daily Douse

LOSAP Assets are Municipal Assets

5/15/2019

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A key difference between a LOSAP and a qualified pension plan is that the LOSAP assets are municipal assets. They are not owned by the individual participants, nor are they protected from the general creditors of the municipality.

We'll explore in future posts how this key factor impacts several ways that a LOSAP is administered.
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  • HOME
  • SERVICES
  • ABOUT
    • LOSAP
    • CORE PRINCIPLES
  • BLOG
  • CONNECT
    • CONTACT US
    • SECURE FILE UPLOAD
  • ShareFile