TERMIUM Plus®

The Government of Canada’s terminology and linguistic data bank.

PENSION BENEFIT RATE [1 record]

Record 1 1990-06-12

English

Subject field(s)
  • Employment Benefits
DEF

The annual rate at which benefits accrue under a defined benefit registered pension plan

CONT

Benefits may accrue at a benefit rate of 2% per year of service times pensionable earnings or at a rate of $240.00 per year of pensionable service.

French

Domaine(s)
  • Avantages sociaux
DEF

Taux annuel d'accumulation des prestations dans un régime de pension agréé à prestations déterminées.

Spanish

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