Cash balance pension scheme: Difference between revisions
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imported>Doug Williamson m (Category added 9/10/13 and spacing) |
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The accumulated fund value is used to purchase the required form of benefits when those benefits become due. | The accumulated fund value is used to purchase the required form of benefits when those benefits become due. | ||
== See also == | == See also == | ||
* [[Balance of cost pension scheme]] | * [[Balance of cost pension scheme]] | ||
[[Category:Manage_risks]] | |||
Revision as of 14:27, 9 October 2013
A pension scheme in which the benefits are expressed in terms of a fund value that accumulates through indexation of the fund and the addition of future accrual.
The accumulated fund value is used to purchase the required form of benefits when those benefits become due.
