ASSISTANT SOCIAL WELFARE OFFICER - CLASS III QUESTION PAPER (27-05-2018)
Legislators ("NCOIL"). Of the 47 states, 37 are basedin whole or in part on the NCOIL model act. Medicaidand Medicare laws and regulations affect structuredsettlements. A structured settlement may be used inconjunction with settlement planning tools that help preserve a claimant's Medicare benefits. A Structured Medicare Set Aside Arrangement (MSA) will generally cost less than a non-structured MSA because of amortization of the future cash flow overthe claimant's life expectancy, as opposed to funding.The typical structured settlement arises and is structured as follows: An injured party (the claimant)comes to a negotiated settlement of a tort suit with the defendant (or its insurance carrier) pursuant to asettlement agreement that provides as consideration, in exchange for the claimant's securing the dismissal of the lawsuit, an agreement by the defendant (or, more commonly, its insurer) to make a series of periodic payments.
An annuity is a series of payments made at equal intervals.Examples of annuities are regular deposits to a savings account, monthly home mortgage payments, monthly insurance payments and pension payments. Annuities can be classified by the frequency of payment dates. The payments (deposits) may be made weekly, monthly, quarterly, yearly, or at any other regular interval of time.An annuity which provides for payments for the remainder of a person's lifetime is a life annuity.Payments of an annuity-immediate are made at the end of payment periods, so that interest accrues between the issue of the annuity and the first payment. Payments of an annuity-due are made at the beginning of payment periods, so a payment is made immediately on issue.Annuities that provide payments that will be paid over a period known in advance are annuities certainor guaranteed annuities. Annuities paid only under certain circumstances are contingent annuities. A common example is a life annuity, which is paid overthe remaining lifetime of the annuitant. Certain and life annuities are guaranteed to be paid for a numberof years and then become contingent on the annuitant being alive.Fixed annuities – These are annuities with fixed payments. If provided by an insurance company, the company guarantees a fixed return on the initial investment. Fixed annuities are not regulated by the Securities and Exchange Commission.Variable annuities – Registered products that are regulated by the SEC in the United States of America.
They allow direct investment into various funds that are specially created for Variable annuities. Typically, the insurance company guarantees a certain death benefit or lifetime withdrawal benefits.A dedicated server is the server that is rented, including placement in a data center or a server room of a provider. The client rents the computer hardware including operating system, colocation with placement and bandwidth and, in the case of a managed dedicated server , the management services.The supplier is responsible for purchasing and debiting the hardware, for the costs of keeping the server accessible online and for renting the rack space in the data center . The server room is often equipped with modern cooling techniques, emergency power supply and security. The network infrastructure is also often of high quality.Dedicated servers are often offered at competitive rates. The suppliers have a larger purchase volume than the tenants separately from each other.Also, a dedicated server does not have high investment costs, which in co-location or apply to the purchase of the hardware, the installation of the server and placed in the data center.A game server (also sometimes referred to as a host) is a server which is the authoritative source of events in a multiplayer video game. The server transmits enough data about its internal state to allow its connected clients to maintain their own accurate version of the game world for display to players. They also receive and process each player'sinput.
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Legislators ("NCOIL"). Of the 47 states, 37 are basedin whole or in part on the NCOIL model act. Medicaidand Medicare laws and regulations affect structuredsettlements. A structured settlement may be used inconjunction with settlement planning tools that help preserve a claimant's Medicare benefits. A Structured Medicare Set Aside Arrangement (MSA) will generally cost less than a non-structured MSA because of amortization of the future cash flow overthe claimant's life expectancy, as opposed to funding.The typical structured settlement arises and is structured as follows: An injured party (the claimant)comes to a negotiated settlement of a tort suit with the defendant (or its insurance carrier) pursuant to asettlement agreement that provides as consideration, in exchange for the claimant's securing the dismissal of the lawsuit, an agreement by the defendant (or, more commonly, its insurer) to make a series of periodic payments.
An annuity is a series of payments made at equal intervals.Examples of annuities are regular deposits to a savings account, monthly home mortgage payments, monthly insurance payments and pension payments. Annuities can be classified by the frequency of payment dates. The payments (deposits) may be made weekly, monthly, quarterly, yearly, or at any other regular interval of time.An annuity which provides for payments for the remainder of a person's lifetime is a life annuity.Payments of an annuity-immediate are made at the end of payment periods, so that interest accrues between the issue of the annuity and the first payment. Payments of an annuity-due are made at the beginning of payment periods, so a payment is made immediately on issue.Annuities that provide payments that will be paid over a period known in advance are annuities certainor guaranteed annuities. Annuities paid only under certain circumstances are contingent annuities. A common example is a life annuity, which is paid overthe remaining lifetime of the annuitant. Certain and life annuities are guaranteed to be paid for a numberof years and then become contingent on the annuitant being alive.Fixed annuities – These are annuities with fixed payments. If provided by an insurance company, the company guarantees a fixed return on the initial investment. Fixed annuities are not regulated by the Securities and Exchange Commission.Variable annuities – Registered products that are regulated by the SEC in the United States of America.
They allow direct investment into various funds that are specially created for Variable annuities. Typically, the insurance company guarantees a certain death benefit or lifetime withdrawal benefits.A dedicated server is the server that is rented, including placement in a data center or a server room of a provider. The client rents the computer hardware including operating system, colocation with placement and bandwidth and, in the case of a managed dedicated server , the management services.The supplier is responsible for purchasing and debiting the hardware, for the costs of keeping the server accessible online and for renting the rack space in the data center . The server room is often equipped with modern cooling techniques, emergency power supply and security. The network infrastructure is also often of high quality.Dedicated servers are often offered at competitive rates. The suppliers have a larger purchase volume than the tenants separately from each other.Also, a dedicated server does not have high investment costs, which in co-location or apply to the purchase of the hardware, the installation of the server and placed in the data center.A game server (also sometimes referred to as a host) is a server which is the authoritative source of events in a multiplayer video game. The server transmits enough data about its internal state to allow its connected clients to maintain their own accurate version of the game world for display to players. They also receive and process each player'sinput.
•Download :Click here //Paper solution