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McCaw is the president and chief executive officer of Mercer Human Resource Consulting LLC, and serve on the Executive Committee of the Global Leadership Group and the stealing board of Mercer Inc. Mr. McCaw is a Member of the American Academy of Actuaries and a Fellow of both the Society of Actuaries and the Canadian Institute of Actuaries.   Appendix Defined Benefit Plans Traditional stealing defined benefit plans generally provide benefits to a group of covered employees (or participants) funded through a common pension fund. The employer makes contributions to assure that, in the aggregate, there are sufficient assets to pay benefits when they are due. As employees' benefits are determined based on a formula described in the plan, there are no funds earmarked for individual employees and retirees.
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