TERMIUM Plus®

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

FLAT-BENEFIT PROVISION [1 record]

Record 1 1991-07-03

English

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

A type of defined benefit provision under which a plan member is promised a fixed dollar amount of annual retirement benefits in respect of each period of service worked or in respect of each unit of output produced.

French

Domaine(s)
  • Avantages sociaux
  • Sécurité sociale et assurance-emploi
DEF

Type de disposition à prestations déterminées dans le cadre duquel le participant s'attend à recevoir des prestations de retraite annuelles d'un montant fixe pour chaque période de service accomplie ou pour chaque unité de production réalisée.

Spanish

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