| http://www.w3.org/ns/prov#value | - Fiduciary funds are used to account for assets held in trust by the government for the benefit of individuals or other entities.[12] The employee pension fund, created by the State of Maryland to provide retirment benefits for its employees, is an example of a fiduciary fund.[10] Financial statements may further distinguish fiduciary funds as either trust or agency funds; a trust fund generally ex
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