TERMIUM Plus®

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

PLANT CLOSURE BENEFIT [2 records]

Record 1 2009-07-14

English

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

A plant closure benefit provided under a pension plan in respect of which an election ... is in effect.

OBS

The term "excluded plant closure benefit" is usually used in plural.

French

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

Prestation de fermeture d'entreprise fournie dans le cadre d'un régime à l'égard duquel un choix a été fait.

OBS

Le terme «prestation de fermeture d'entreprise exclue» est habituellement utilisé au pluriel.

Spanish

Save record 1

Record 2 2009-03-27

English

Subject field(s)
  • Pensions and Annuities
CONT

"plant closure benefit" means a pension benefit or ancillary benefit payable only if all or a significant portion of the business carried on by the employer at a specific location is discontinued, whether or not the pension plan is wound up in whole or in part.

French

Domaine(s)
  • Pensions et rentes
DEF

Prestation de retraite ou prestation accessoire payable uniquement si la totalité ou une partie importante des affaires que l'employeur fait dans un lieu particulier ont cessé, que le régime soit ou non liquidé en totalité ou en partie.

Spanish

Save record 2

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