TERMIUM Plus®

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IMMEDIATE ANNUITY RATE [1 record]

Record 1 2010-10-13

English

Subject field(s)
  • Pensions and Annuities
  • Social Security and Employment Insurance
DEF

Going rate at which the endowment sum assured under a "top hat" endowment pension scheme may be converted into pension on maturity of the policy and retirement of the insured.

OBS

... an insurance policy under such a scheme may include an annuity option rate guaranteeing that it will in fact be converted into pension at the rate intended by the employer.

French

Domaine(s)
  • Pensions et rentes
  • Sécurité sociale et assurance-emploi
CONT

Tarification initiale des produits ou des prestations (p. ex. taux de rente immédiate ou différée, ratios de frais de gestion, primes d'option).

Spanish

Save record 1

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