Accrued benefits: Difference between revisions
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The benefits for service up to a given point of time in a defined benefit pension scheme, whether or not vested. | The benefits for service up to a given point of time in a defined benefit pension scheme, whether or not vested. | ||
They may be calculated in relation to current salary or projected salary and allowance may also be made for statutory or discretionary revaluation. | They may be calculated in relation to current salary or projected salary and allowance may also be made for statutory or discretionary revaluation. | ||
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* [[Pension fraction]] | * [[Pension fraction]] | ||
* [[Pensionable salary]] | * [[Pensionable salary]] | ||
*[[Revaluation]] | |||
[[Category:Manage_risks]] | [[Category:Manage_risks]] | ||
Revision as of 15:20, 22 October 2020
Pensions.
The benefits for service up to a given point of time in a defined benefit pension scheme, whether or not vested.
They may be calculated in relation to current salary or projected salary and allowance may also be made for statutory or discretionary revaluation.
