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past service pension

См. также в других словарях:

  • Past Service — Service to an employer that is recognized for the defined benefit pension plan purposes, but either occurred before the employee was a member in the plan, or before the plans inception. Employees have the option to purchase past service, by cash… …   Investment dictionary

  • past service reserve — England, Scotland, Wales An actuarial method for calculating the value of a member s benefits in a defined benefit pension scheme (defined benefit scheme). The method uses the value of the member s accrued benefits based on his pensionable… …   Law dictionary

  • past service — noun Etymology: past (I) : the period of a worker s employment prior to the effective date of a pension plan for which credit is given in determining the amount of his pension …   Useful english dictionary

  • pension — mid 14c., payment for services, especially reward, payment out of a benefice (early 14c., in Anglo L.), from O.Fr. pension payment, rent, from L. pensionem (nom. pensio) payment, rent, from pensus, pp. of pendere pay, weigh (see PENDANT (Cf.… …   Etymology dictionary

  • Pension Benefit Obligation - PBO — An accounting term used to describe the amount of money a company must pay into a defined benefit pension plan to satisfy all pension entitlements that have been earned by employees up to that date. The pension benefit obligation (PBO) is… …   Investment dictionary

  • Pension Benefit Guaranty Corporation — (United States) Agency overview Formed September 2, 1974 …   Wikipedia

  • Pension — Pen sion, n. [F., fr. L. pensio a paying, payment, fr. pendere, pensum, to weight, to pay; akin to pend?re to hang. See {Pendant}, and cf. {Spend}.] 1. A payment; a tribute; something paid or given. [Obs.] [1913 Webster] The stomach s pension,… …   The Collaborative International Dictionary of English

  • pension — pensionable, adj. pensionably, adv. pensionless, adj. /pen sheuhn/; Fr. /pahonn syawonn / for 3, n., pl. pensions / sheuhnz/; Fr. / syawonn / for 3, v. n. 1. a fixed amount, other than wages, paid at regular intervals to a person or to the person …   Universalium

  • pension — 1. noun /ˈpenʃən/ a) A regularly paid gratuity paid regularly as benefit due to a person in consideration of past services; notably to one retired from service, on account of retirement age, disability or similar cause; especially, a regular… …   Wiktionary

  • pension — A gratuity paid by the government in recognition of past services in the Army or Navy. Dismukes v United States, 297 US 167, 80 L Ed 561, 56 S Ct 400, reh den 297 US 728, 80 L Ed 1011, 56 S Ct 594. A bounty or gratuity bestowed as a token of the… …   Ballentine's law dictionary

  • National Pension (Japan) — The Japanese national pension is a pension system that all registered residents of Japan, both Japanese and foreign, are required to enroll in. Since January 1, 2010 it has been managed by the Japan Pension Service. Contents 1 History 2 Types of… …   Wikipedia

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