| 摘要 |
The instant invention is a method and apparatus for administering a program to senior citizens for managing and distributing the interest from pooled government bonds (12) or the like. The program derived around a bond fund unit of various security offerings to specific groups of senior citizens having a common age and financial goal. As long as the participant (12) is alive, the participant (12) will share equally in an increasing income stream derived from the interest from the security due to the number of decreasing participants (26) in a fixed pool based on the participants's initial investment. The income producing bonds (42) jointly pooled and singularly administered based upon U.S. Treasury bonds whose resulting interest is distributed to the remainder of living participants (12) while bond maturity value remains payable to the participant (12) or their estate (54). The program aids the participants (12) and managers involved with the program regarding Fund assets, statistical predictions, and dividend distribution (50). |
