TERMIUM Plus®

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FUNDING VALUATION [1 record]

Record 1 2009-03-26

English

Subject field(s)
  • Finance
CONT

"maximum funding valuation" means a maximum funding valuation for the purposes of the Income Tax Act(Canada).

CONT

The funding valuation determines the Plan's liabilities-the amount of money needed to pay the benefits earned by members to the date of the valuation.

CONT

... a maximum funding valuation is a valuation prepared by an actuary...

French

Domaine(s)
  • Finances
CONT

«évaluation du financement maximal» s'entend d'une évaluation du financement maximal pour l'application de la Loi de l'impôt sur le revenu (Canada).

Spanish

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