Cash balance pension scheme: Difference between revisions

From ACT Wiki
Jump to navigationJump to search
imported>Doug Williamson
m (Category added 9/10/13 and spacing)
imported>Doug Williamson
(Update.)
 
Line 1: Line 1:
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.  
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.


== See also ==
== See also ==
* [[Annuity]]
* [[Balance of cost pension scheme]]
* [[Balance of cost pension scheme]]
* [[Indexation]]


[[Category:Manage_risks]]
[[Category:Manage_risks]]

Latest revision as of 21:35, 9 February 2022

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.


See also