TERMIUM Plus®

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COLLECTIVE ACCOUNT [1 record]

Record 1 2001-08-01

English

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

The benefits payable in respect of a member are determined in such a way that the present value of the benefits, at the time the member's individual account balance is transferred to the collective account, is equal to the amount transferred to the collective account on behalf of the plan member. The present value must be calculated using generally accepted actuarial principles and reasonable assumptions.

French

Domaine(s)
  • Sécurité sociale et assurance-emploi
  • Rentes (Assurances)

Spanish

Campo(s) temático(s)
  • Seguridad social y seguro de desempleo
  • Anualidades (Seguros)
OBS

Es la que tiene varios titulares.

Save record 1

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