Thus, where the proposed investment manager/QPAM only has, for example, $100 million of assets under management, and the assets of the pension fund managed by the QPAM have a value in excess of $20 million, a transaction between the pension fund and a party in interest would not meet the requirements for the QPAM exemption and the transaction would therefore be a prohibited transaction for which the trustees would have personal liability as fiduciaries.
The average salary of a marine biologist can range from $33,000 all the way up to $140,000, or about $2,750 to $11,667 a month, according to information from the Bureau of Labor Statistics. A marine biologist's salary can vary greatly based on a number of factors.
The starting marine biologist salary is about $35,000 a year. This will increase with every year of experience that you get. A marine biologist income is about $47,000 after you have five years of experience. With up to ten years of experience, you will be able to make a marine biologist wage of $58,000 a year. This amount will steadily increase with more experience.