This institution consists of an organized pool of assets designed to support a group of workers in retirement. This institution was originally created to provide loans and deposit services to business customers, and it continues to be the primary source of business loans. This institution offers two major types of contracts: a relatively short-term contract that provides protection for a temporary period of time, and a iong-term contract that provides Metime protection. By virtue of investing the saved funds of its investors into a large number of different securities, it is able to realize both economies of scale and risk diversification for its investors. This institution was originally created to collect the small deposits of individual savers and to make long-tem home loans back to these customers