TERMIUM Plus^®

Record 1,  Textual support,  English

Record number: 1, Textual support number: 1 DEF

The age at which a pension benefit, other than a benefit in respect of a disability, is or may become payable to the employee under the terms of a pension plan without adjustment by reason of early retirement.  3, record 1, English, - retirement%20age

Record 1,  Textual support,  French

Record number: 1, Textual support number: 1 DEF

Âge auquel une prestation de pension, à l'exception d'une prestation relative à une invalidité, est ou peut devenir payable à l'employé aux termes d'un régime de pension, sans rajustement en raison d'une retraite anticipée.  3, record 1, French, - %C3%A2ge%20de%20retraite

Record 1,  Textual support,  Spanish

Record 2,  Textual support,  English

Record number: 2, Textual support number: 1 CONT

The early retirement age(ERA) is the earliest age at which a terminating member can draw an immediate pension, usually a reduced pension...  2, record 2, English, - early%20retirement%20age

Record 2,  Textual support,  French

Record number: 2, Textual support number: 1 CONT

L'âge de la retraite anticipée (ARA) est le premier âge auquel un participant peut percevoir une rente immédiate, habituellement une rente avec réduction.  1, record 2, French, - %C3%A2ge%20de%20retraite%20anticip%C3%A9e

Record 2,  Textual support,  Spanish

Record 3,  Textual support,  English

Record number: 3, Textual support number: 1 DEF

… the earliest age at which a pension benefit is payable to the member under the terms of [a] plan without the consent of the administrator and without reduction by reason of early retirement.  3, record 3, English, - pensionable%20age

Record number: 3, Textual support number: 1 OBS

Pensionable age may be referred to as "normal retirement age" under [a] plan; however, a plan may also have other pensionable ages in addition to the normal retirement age.  3, record 3, English, - pensionable%20age

Record 3,  Textual support,  French

Record number: 3, Textual support number: 1 DEF

[…] âge minimal auquel le service d'une prestation non réduite en raison d'une retraite anticipée peut débuter, au titre [d'un] régime, sans qu'il soit nécessaire d'obtenir le consentement de l'administrateur.  4, record 3, French, - %C3%A2ge%20admissible

Record number: 3, Textual support number: 1 OBS

L'âge admissible pourrait désigner l'âge normal de la retraite aux fins [d'un] régime; cependant, un régime pourrait aussi prévoir d'autres âges admissibles outre l'âge normal de la retraite.  4, record 3, French, - %C3%A2ge%20admissible

Record 3,  Textual support,  Spanish

Record number: 3, Textual support number: 1 CONT

[...] si el contrato de relevo se formalizó para permitir el acceso de un trabajador a la pensión de jubilación parcial anticipada [...], la duración deberá ser igual o superior al tiempo que reste al trabajador que accede a la pensión de jubilación parcial anticipada para llegar a la edad pensionable.  1, record 3, Spanish, - edad%20pensionable

Record 4,  Textual support,  English

Record number: 4, Textual support number: 1 OBS

Most DB [defined benefit] plans … will typically allow access to pension income as early as 10 years before the normal retirement age. In return for this early access, the pension income is reduced by a percentage …  4, record 4, English, - pension%20benefits%20reduction

Record 4,  Textual support,  French

Record 4,  Textual support,  Spanish

Record number: 4, Textual support number: 1 PHR

Además, la crisis aparece como uno de los motivos que apuntan a la reducción de la prestación de jubilación pública en el futuro.  2, record 4, Spanish, - reducci%C3%B3n%20de%20la%20pensi%C3%B3n

Record 5,  Textual support,  English

Record number: 5, Textual support number: 1 DEF

A benefit paid to a recipient from the date of his early retirement until he reaches the eligible retirement age of his pension plan.  4, record 5, English, - bridge%20benefit

Record 5,  Textual support,  French

Record number: 5, Textual support number: 1 DEF

Prestation complémentaire de retraite versée au salarié à compter de la date de sa préretraite, jusqu'à ce qu'il ait atteint l'âge d'admissibilité aux prestations d'un régime de retraite général.  3, record 5, French, - prestation%20de%20raccordement

Record 5,  Textual support,  Spanish

Record 6,  Textual support,  English

Record number: 6, Textual support number: 1 DEF

A benefit available to plan members who have more than two years of pensionable service, who retire before age 60 and are not entitled to an immediate annuity.  2, record 6, English, - annual%20allowance

Record number: 6, Textual support number: 1 OBS

This benefit is a reduced pension that takes into account the early payment of a retirement pension. It becomes payable at age 50 at the earliest.  2, record 6, English, - annual%20allowance

Record number: 6, Textual support number: 2 OBS

annual allowance: it’s a benefit under the pension plan of the Public Service of Canada.  3, record 6, English, - annual%20allowance

Record 6,  Textual support,  French

Record number: 6, Textual support number: 1 DEF

Prestation offerte aux participants au régime qui comptent au moins deux années de service ouvrant droit à pension, qui prennent leur retraite avant l'âge de 60 ans et qui ne sont pas admissibles à une pension immédiate.  2, record 6, French, - allocation%20annuelle

Record number: 6, Textual support number: 1 OBS

Cette prestation équivaut à une pension réduite dans laquelle est pris en compte le paiement anticipé des prestations de retraite. Elle est payable à partir de 50 ans.  2, record 6, French, - allocation%20annuelle

Record number: 6, Textual support number: 2 OBS

Il s'agit d'une prestation sous le régime de pension de la fonction publique du Canada.  3, record 6, French, - allocation%20annuelle

Record 6,  Textual support,  Spanish

Record 7,  Textual support,  English

Record number: 7, Textual support number: 1 CONT

Forget Freedom 55. Baby boomers may love to take early retirement, but retirement at age 55 is not on for most boomers. Many will be pushed to stay in the labour force because both the public and the private sectors will need their specialized skills, maturity and work ethic. Most will enjoy more flexible working conditions, part-time work, contracts, and self-employment. Better to think Flexibility 55.  1, record 7, English, - Freedom%2055

Record number: 7, Textual support number: 2 CONT

Freedom 75 for boomers. Shortage of skilled workers, demands on family life will mean end to early retirement. If you’ve got a body of knowledge, you probably will be in demand until your dying day.  1, record 7, English, - Freedom%2055

Record 7,  Textual support,  French

Record 7,  Textual support,  Spanish

Record 8,  Textual support,  English

Record number: 8, Textual support number: 1 CONT

It is not necessary for the plan to reduce the pension on the full actuarial basis. Frequently the early retirement discount factors are not actuarial but arbitrary, such as a reduction of 3 or 6 per cent for each year of early retirement. In the example quoted above, with 3 percent reductions a pension of $1, 020(85% X $1, 200) per month would be paid, beginning at age 60. The idea is that the full actuarial discount is simply too severe a reduction for someone who is retiring early and that the cost of lowering the discount factor is a proper and necessary cost of the plan.  1, record 8, English, - early%20retirement%20discount%20factor

Record 8,  Textual support,  French

Record number: 8, Textual support number: 1 CONT

Il n'est pas nécessaire que la réduction prévue par le régime équivaille à la pleine réduction actuarielle. Bien souvent, les facteurs de réduction de la rente anticipée ne sont pas actuariels mais arbitraires, par exemple, une réduction de 3 ou 6 pour cent par année d'anticipation. Dans l'exemple ci-dessus, la rente servie à compter de l'âge de 60 ans serait de 1 200 $ par mois (85 pour cent par 1 200 $) si l'on tenait compte d'une réduction de 3 pour cent. La réduction actuarielle intégrale est tout simplement trop pénalisante pour celui qui prend une retraite anticipée et le coût de l'abaissement du facteur de réduction est un coût convenable et nécessaire du régime.  2, record 8, French, - facteur%20de%20r%C3%A9duction%20de%20la%20rente%20anticip%C3%A9e

Record 8,  Textual support,  Spanish

Record 9,  Textual support,  English

Record number: 9, Textual support number: 1 CONT

Many pension plans include "bridge benefits" payable from early retirement date until age 65 or until the pensioner qualifies for C/QPP benefits.  2, record 9, English, - early%20retirement%20date

Record 9,  Textual support,  French

Record number: 9, Textual support number: 1 CONT

Un grand nombre de régimes de retraite comporte des prestations de transition payables de la date de la retraite anticipée jusqu'au 65e anniversaire de naissance ou jusqu'à ce que le retraité ait droit aux prestations du RRQ/RPC.  2, record 9, French, - date%20de%20retraite%20anticip%C3%A9e

Record 9,  Textual support,  Spanish