TERMIUM Plus^®

Record 1,  Textual support,  English

Record number: 1, Textual support number: 1 DEF

[The] rate at which benefits accrue.  5, record 1, English, - pension%20accrual%20rate

Record number: 1, Textual support number: 1 CONT

The deemed pension is based on the benefit accrual rate in the pension plan formula and current earnings. It is the same whether the pensions are based on earnings averaged over three years, ten years, or, with some exceptions, the entire working career.  6, record 1, English, - pension%20accrual%20rate

Record 1,  Textual support,  French

Record number: 1, Textual support number: 1 CONT

La rente réputée constituée est fonction du taux d'accumulation des prestations prévu dans le règlement du régime et du revenu ouvrant droit à pension. La rente reste la même qu'elle soit fonction de la moyenne du revenu établie sur trois ans, sur dix ans ou, sauf dans certains cas, sur toute la carrière.  6, record 1, French, - taux%20d%27accumulation%20des%20prestations%20de%20pensions

Record 1,  Textual support,  Spanish

Record 2,  Textual support,  English

Record number: 2, Textual support number: 1 CONT

Larger companies, particularly publicly held corporations, are required to use the accrual basis of accounting. From the accrual accounting perspective, the purpose of the expenditure determines whether or not the expenditure is an expense at the time of payment. For example, if a business expends cash for office supplies, no expense occurs until the office supplies are used in business operations. The spending of cash is not the "critical event". Thus, when a business buys postage stamps, it has purchased an "asset", that is, an item that has a future potential to benefit the company. If the stamps are used to mail an invoice to a customer or supplier, then the "expense" occurs because the stamp(asset) has no further benefit for the company.  3, record 2, English, - accrual%20accounting%20perspective

Record 2,  Textual support,  French

Record 2,  Textual support,  Spanish

Record 3,  Textual support,  English

Record number: 3, Textual support number: 1 CONT

There will be no modifications to the rules for determining defined benefit pension credits during the period when the money purchase and RRSP limits are less than $15, 500(in other words, there will be no benefit accrual caps or earnings range exclusions).  1, record 3, English, - earnings%20range

Record 3,  Textual support,  French

Record number: 3, Textual support number: 1 CONT

Aucune modification ne sera apportée au calcul des crédits de régimes de pension à prestations déterminées pendant la période où les plafonds des régimes à cotisations déterminées et des REER étaient inférieurs à $15,500 (en d'autres termes, aucun plafond ne sera imposé aux prestations accumulées, pas plus que d'exclusions dans les fourchettes de gains).  1, record 3, French, - fourchettes%20de%20gains

Record 3,  Textual support,  Spanish