TERMIUM Plus®

The Government of Canada’s terminology and linguistic data bank.

FACTOR NINE [1 record]

Filter results by subject field Alphabetical list of terms

Filter results by subject field

Alphabetical list of terms

Record 1 1993-08-06

English

Subject field(s)
  • Employment Benefits
  • Actuarial Practice
CONT

PA = (9 X value of pension accumulated during the year) - $1,000 The factor 9 is based on the assumption that one dollar of pension income per year of service is equivalent to $9 in annual contributions, if a plan has a number of supplementary benefits such as pension indexation and survivor benefits.

Key term(s)
  • nine-times factor

French

Domaine(s)
  • Avantages sociaux
  • Actuariat
CONT

FE = (9 X valeur de la rente accumulée durant l'année) - 1 000$ Le facteur 9 est fondé sur l'hypothèse qu'un dollar de rente équivaut à une cotisation de 9 $ si le régime comporte un certain nombre d'avantages accessoires dont l'indexation de la rente et les prestations aux survivants.

Spanish

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© Public Services and Procurement Canada, 2024
TERMIUM Plus®, the Government of Canada's terminology and linguistic data bank
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