TERMIUM Plus®

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

ACTUARIAL REDUCTION [1 record]

Record 1 2021-01-18

English

Subject field(s)
  • Actuarial Practice
  • Pensions and Annuities
CONT

An actuarial reduction [is] the reduction that makes the actuarial present value of the immediate pension equal to the actuarial present value of the unreduced accrued pension payable at the NRA [normal retirement age] using prescribed actuarial assumptions.

French

Domaine(s)
  • Actuariat
  • Pensions et rentes
CONT

[…] une réduction actuarielle [est] une réduction permettant que la valeur actuarielle de la rente immédiate soit égale à la valeur actuarielle de la pension acquise non réduite payable à l'ARN [âge de retraite normale] selon les hypothèses actuarielles prescrites.

Spanish

Campo(s) temático(s)
  • Práctica actuarial
  • Pensiones y rentas
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