TERMIUM Plus®

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

FIXED-DOLLAR PLAN [1 record]

Filter results by subject field Alphabetical list of terms

Filter results by subject field

Alphabetical list of terms

Record 1 2018-09-28

English

Subject field(s)
  • Insurance
CONT

When switching from a traditional defined-benefit plan to a cash-balance plan, it's easier if the defined-benefit plan is not a final-average-pay plan. If the plan is a career-pay plan, the accrual pattern is already closer to a cash-balance type accrual pattern. If the plan is a dollar-per-month plan, or other fixed-dollar plan, the situation is similar.

French

Domaine(s)
  • Assurances

Spanish

Campo(s) temático(s)
  • Seguros
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