- accumulated plan benefit
- prestation constituée (VR)
English-French insurance dictionary. 2013.
English-French insurance dictionary. 2013.
accumulated benefit obligation — ( ABO) The actuarial present value of the pension benefits earned to date. Measurement of the accumulated benefit obligation uses the historical compensation rates for pay related benefit plans. The ABO must be disclosed in a footnote to the… … Financial and business terms
Accumulated Benefit Obligation — An approximate measure of a company s pension plan liability. The accumulated benefit obligation (ABO) is estimated based on the assumption that the pension plan is to be terminated immediately; it does not consider any future salary increases.… … Investment dictionary
Accumulated Benefit Obligation (ABO) — An approximate measure of the liability of a plan in the event of a termination at the date the calculation is performed. Related: projected benefit obligation. The New York Times Financial Glossary … Financial and business terms
defined contribution plan — A pension or other employee benefit plan that provides a specified contribution amount for the benefit of eligible employees. The participants ultimately receive amounts that depend on both the accumulated contributions and the investment returns … Financial and business terms
Canada Pension Plan — The Canada Pension Plan (CPP) is a contributory, earnings related social insurance program. It forms one of the two major components of Canada s public retirement income system, the other component being Old Age Security (OAS). Other parts of… … Wikipedia
Vested Benefit Obligation - VBO — The actuarial present value of pension plan benefits belonging to employees of an organization. The vested benefit obligation (VBO) is one measure of a pension fund s liability. The VBO only considers benefits that have vested in an employee, as… … Investment dictionary
pension plan — A plan established and maintained by an employer primarily to provide systematically for the payment of definitely determinable benefits to his employees, or their beneficiaries, over a period of years (usually for life) after retirement.… … Black's law dictionary
projected benefit obligation — ( PBO) The actuarial present value of the pension benefits earned to date. In contrast to the ABO, measurement of the projected benefit obligation incorporates assumptions for future compensation rates for pay related benefit plans. The PBO must… … Financial and business terms
vested accumulated benefit obligation — The portion of the accumulated benefit obligation under a defined benefit plan to which the employees have a legal right even if their employment is terminated before retirement. American Banker Glossary … Financial and business terms
Registered Education Savings Plan — A Registered Education Savings Plan, or RESP, is a savings account used by parents to save for their children s post secondary education in Canada. The principal advantages of RESPs are the access to the Canada Education Savings Grant (CESG) and… … Wikipedia
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