TERMIUM Plus®
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INITIAL SOLVENCY BALANCE [3 records]
Record 1 - internal organization data 2009-07-14
Record 1, English
Record 1, Subject field(s)
- Finance
Record 1, Main entry term, English
- initial solvency balance
1, record 1, English, initial%20solvency%20balance
correct
Record 1, Abbreviations, English
Record 1, Synonyms, English
Record 1, Textual support, English
Record number: 1, Textual support number: 1 CONT
"initial solvency balance" means,(a) for a plan in respect of which an employer does not elect not to redetermine..., the difference, positive or negative, obtained by subtracting,(i) the aggregate special payments, with respect to any solvency deficiency that arose before the Regulation date, that the employer would have been required to pay to the pension fund before the initial valuation date if the solvency deficiency and related special payments were calculated... 1, record 1, English, - initial%20solvency%20balance
Record 1, French
Record 1, Domaine(s)
- Finances
Record 1, Main entry term, French
- solde de solvabilité initial
1, record 1, French, solde%20de%20solvabilit%C3%A9%20initial
correct, masculine noun
Record 1, Abbreviations, French
Record 1, Synonyms, French
Record 1, Textual support, French
Record number: 1, Textual support number: 1 CONT
«solde de solvabilité initial» a) Dans le cas d'un régime à l'égard duquel un employeur ne choisit pas de ne pas faire de redétermination [...] , la différence, positive ou négative, obtenue en soustrayant : (i) le total des paiements spéciaux, relativement à un déficit de solvabilité né avant la date du Règlement, que l'employeur aurait été obligé de faire à la caisse de retraite avant la date d'évaluation initiale si le déficit de solvabilité et les paiements spéciaux connexes avaient été calculés [...] 1, record 1, French, - solde%20de%20solvabilit%C3%A9%20initial
Record 1, Spanish
Record 1, Textual support, Spanish
Record 2 - internal organization data 2009-04-28
Record 2, English
Record 2, Subject field(s)
- Actuarial Practice
Record 2, Main entry term, English
- solvency excess
1, record 2, English, solvency%20excess
correct
Record 2, Abbreviations, English
Record 2, Synonyms, English
Record 2, Textual support, English
Record number: 2, Textual support number: 1 CONT
If, on any valuation date after the initial valuation date the sum of the solvency assets and the solvency asset adjustment exceeds the sum of the solvency liabilities, the solvency liability adjustment and the prior year credit balance(such excess being referred to in this subsection as the "solvency excess"), the special payments under clauses(1)(c),(d) and(e) with respect to solvency deficiencies arising before the valuation date that are scheduled for payment after the valuation date shall be adjusted in accordance with the following rules : 1. Where the solvency excess is greater than or equal to the present value of the special payments under clauses(1)(c),(d) and(e), the special payments shall be reduced to zero. 1, record 2, English, - solvency%20excess
Record 2, French
Record 2, Domaine(s)
- Actuariat
Record 2, Main entry term, French
- excédent de solvabilité
1, record 2, French, exc%C3%A9dent%20de%20solvabilit%C3%A9
correct, masculine noun
Record 2, Abbreviations, French
Record 2, Synonyms, French
Record 2, Textual support, French
Record number: 2, Textual support number: 1 CONT
Si, à une date d'évaluation postérieure à la date d'évaluation initiale, la somme de l'actif de solvabilité et du rajustement de l'actif de solvabilité dépasse la somme du passif de solvabilité, du rajustement du passif de solvabilité et du solde créditeur de l'exercice antérieur (cet excédent étant appelé dans le présent paragraphe «excédent de solvabilité»), les paiements spéciaux visés aux alinéas (1) c), d) et e) à l'égard d'un déficit de solvabilité né avant la date d'évaluation et qui sont censées être faits après celle-ci sont rajustés conformément aux règles qui suivent : 1. Lorsque l'excédent de solvabilité est supérieur ou égal à la valeur actuelle des paiements spéciaux visés aux alinéas (1) c), d) et e), les paiements spéciaux sont ramenés à zéro. 1, record 2, French, - exc%C3%A9dent%20de%20solvabilit%C3%A9
Record 2, Spanish
Record 2, Textual support, Spanish
Record 3 - internal organization data 2009-03-26
Record 3, English
Record 3, Subject field(s)
- Finance
Record 3, Main entry term, English
- prepayment
1, record 3, English, prepayment
correct
Record 3, Abbreviations, English
Record 3, Synonyms, English
Record 3, Textual support, English
Record number: 3, Textual support number: 1 CONT
"prepayments", in relation to a plan, means that part of the special payments that exceeded the special payments required under this Regulation as it read before the Regulation date and that were paid by the employer before the Regulation date with respect to the going concern unfunded liability but that were not applied by the employer before the Regulation date..., but no special payments by the employer that were included in the calculation of the initial solvency balance of the plan shall be included in prepayments. 1, record 3, English, - prepayment
Record 3, Key term(s)
- prepayments
Record 3, French
Record 3, Domaine(s)
- Finances
Record 3, Main entry term, French
- paiement anticipé
1, record 3, French, paiement%20anticip%C3%A9
correct, masculine noun
Record 3, Abbreviations, French
Record 3, Synonyms, French
Record 3, Textual support, French
Record number: 3, Textual support number: 1 CONT
[Le] «paiement anticipé» à l'égard d'un régime, s'entend de la partie des paiements spéciaux qui a dépassé les paiements spéciaux exigés par le présent règlement, tel qu'il existait avant la date du Règlement, et que l'employeur a versée avant cette date relativement au passif à long terme non capitalisé, mais qu'il n'a pas imputée [...] Toutefois, aucun paiement spécial fait par l'employeur et inclus dans le calcul du solde de solvabilité initial du régime ne doit être inclus dans un paiement anticipé. 1, record 3, French, - paiement%20anticip%C3%A9
Record 3, Spanish
Record 3, Textual support, Spanish
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