Payment float and Pension assets: Difference between pages

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The time interval between the receipt of an invoice by the payor, including the credit period, and the time the payor’s bank account is charged for funds in payment of the invoice.  
1.


May also be quantified and expressed in cash amounts.
The stock of assets held by a funded pension scheme, from which to pay the related pension liabilities.
 
 
2.
 
The entitlement enjoyed by an individual to receive a pension or other related benefit.
 
 
3.
 
Any other asset relating to a pension scheme.  For example, a right to a proportionate share of a pension fund surplus, or a related benefit of enjoying a pension contributions holiday.




== See also ==
== See also ==
* [[Processing float]]
* [[Contributions holiday]]
* [[Current service cost]]
* [[Funded scheme]]
* [[Pension liabilities]]
 
[[Category:Manage_risks]]

Revision as of 13:59, 13 May 2016

1.

The stock of assets held by a funded pension scheme, from which to pay the related pension liabilities.


2.

The entitlement enjoyed by an individual to receive a pension or other related benefit.


3.

Any other asset relating to a pension scheme. For example, a right to a proportionate share of a pension fund surplus, or a related benefit of enjoying a pension contributions holiday.


See also