TERMIUM Plus®

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UNIT BENEFIT FORMULA [1 record]

Filter results by subject field Alphabetical list of terms

Filter results by subject field

Alphabetical list of terms

Record 1 1992-02-04

English

Subject field(s)
  • Employment Benefits
DEF

A defined benefit formula that provides a unit of pension equal to a percentage of an employee's earnings for each year of participation in the plan. The earnings base for the calculation of benefits may be under a career average, final average, final earnings, or average best benefits formula.

French

Domaine(s)
  • Avantages sociaux
DEF

Formule à prestations déterminées selon laquelle la prestation est calculée d'après un pourcentage du salaire du salarié pour chaque année de participation au régime. Le salaire qui sert à ce calcul peut être déterminé d'après l'une des formules suivantes : salaires de carrière, fin de carrière, derniers salaires ou salaire maximal moyen.

Spanish

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