TERMIUM Plus®

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

UNIT CREDIT FUNDING [1 record]

Record 1 1985-02-28

English

Subject field(s)
  • Employment Benefits
CONT

Under accrued benefit funding, the normal cost (and hence contribution) is the value of the benefit earned in the current year of service.

Key term(s)
  • unit credit funding

French

Domaine(s)
  • Avantages sociaux
CONT

En vertu de la capitalisation des prestations courues, le coût normal, (et, par conséquent, la cotisation) correspond à la valeur des prestations réalisées pendant l'année de service en cours.

DEF

pour «prestations acquises» : Somme des crédits ouvrant droit à pension et accumulés à un moment donné par un cotisant en fonction de sa durée de service, de ses gains et d'autres facteurs.

Spanish

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TERMIUM Plus®, the Government of Canada's terminology and linguistic data bank
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