TERMIUM Plus®

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

FRV [2 records]

Record 1 2021-01-26

English

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

… money transferred from a registered pension plan into a locked-in account, such as a locked-in retirement account (LIRA), life income fund (LIF) or locked-in retirement income fund (LRIF), can only be used to provide income after retirement.

French

Domaine(s)
  • Investissements et placements
  • Sécurité sociale et assurance-emploi
  • Pensions et rentes
CONT

[…] les fonds transférés d’un régime de retraite à un compte immobilisé, comme un compte de retraite avec immobilisation des fonds(CRIF), un fonds de revenu viager(FRV) ou un fonds de revenu de retraite immobilisé(FRRI), doivent être utilisés seulement pour procurer un revenu de retraite.

Spanish

Campo(s) temático(s)
  • Inversiones
  • Seguridad social y seguro de desempleo
  • Pensiones y rentas
DEF

Cuenta que por motivos internos del propio banco o más comunmente por motivos externos, no permite disponer de sus fondos.

Save record 1

Record 2 2011-08-10

English

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

A life income fund is a fund established under a contract entered into by a financial institution duly authorized for that purpose and a purchaser who is a former member, a member or the spouse thereof, and under the terms of which the institutions, in return for the capital that it receives, must pay the purchaser an income of which the amount may vary annually.

French

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

Le fonds de revenu viager est celui qui est établi en vertu d’un contrat intervenu entre un établissement financier dûment habilité à cette fin et un constituant qui est un ancien participant, un participant ou son conjoint, et aux termes duquel, en contrepartie du capital qu’il reçoit, l’établissement doit verser au constituant un revenu dont le montant peut varier annuellement.

Spanish

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