Starting in December 1953, it boasts the country's only university-owned TV network (NBC) affiliate (KOMU), operated by the Missouri School of Journalism. In 1908, the world's first school of journalism was founded by Walter Williams as the Missouri School of Journalism. The University of Missouri Research Reactor Center is the world's most powerful university research reactor.
Trustee Information. Under the Pensions Act, trustees have the main responsibility for the administration of funded occupational pension schemes and compliance with the requirements that apply to these schemes.Under the Act, the Pensions Authority has a responsibility to: Salary will increase at 3% per year. 2  Pension will increase at 2% per year in retirement. 3  The State Pension will increase in line with salary increases. 4  Spouse's annuity assumes a 3 year age gap between the Main Life and Spouse.
The obligation of the trustee is to conserve and protect assets transferred to the trust, and to collect income and distribute or accumulate it as prescribed in the trust instrument. The typical living trust is revocable and amendable by the grantor during his or her lifetime.During his or her lifetime, the grantor is also the trustee and beneficiary. As trustee, the grantor can manage and control the trust property; as beneficiary, the grantor receives all of the benefits of the trust assets.rrevocable trusts, however, are useful in life insurance planning. For instance, a properly structured irrevocable life insurance trust can avoid probate costs and fees, and estate taxes on the insurance proceeds paid to the trust upon the grantor's death.