accrued benefit
collocation in Englishmeaningsofaccrueandbenefit
These words are often used together. Click on the links below to explore the meanings. Or,see other collocations withbenefit.
accrue
verb[I]
uk/əˈkruː/us/əˈkruː/
to increase in number or amount over a period ...
See more ataccrue
benefit
noun
uk/ˈben.ɪ.fɪt/us/ˈben.ə.fɪt/
a helpful or good effect, or something intended ...
See more atbenefit
(Definition ofaccrueandbenefitfrom theCambridge English Dictionary© Cambridge University Press)
Examplesofaccrued benefit
These examples are from corpora and from sources on the web. Any opinions in the examples do not represent the opinion of the Cambridge Dictionary editors or of Cambridge University Press or its licensors.
The initial account balance, however, does not have to be at least the present value of the participant'saccruedbenefit.
From theCambridge English Corpus
Theaccruedbenefitunder the old plan was the benefit accrued at the time of transition, adjusted for early retirement subsidies earned after the transition.
From theCambridge English Corpus
Federal pension law forbids theaccruedbenefit(or account balance itself) from declining in pension equity plans, however.
From theCambridge English Corpus
Further, assume that in this particular case, the sponsor froze theaccruedbenefitfrom the prior plan until the balance under the new plan formula caught up to it.
From theCambridge English Corpus
Plan sponsors either (1) converted accrued benefits from earlier plans into cash balance accounts using various present value factors or (2) kept theaccruedbenefitseparate.
From theCambridge English Corpus
Wear-away years were those where the balance at the end of the year in the new plan did not exceed theaccruedbenefitpayable under the old plan.
From theCambridge English Corpus
According to the regulations, directors' pension benefits can be calculated on anaccruedbenefitbasis.
From the
Hansard archive
Example from the Hansard archive. Contains Parliamentary information licensed under theOpen Parliament Licence v3.0
Any existingaccruedbenefitin the scheme prior to transfer must be retained in the new scheme for the lifetime of that scheme.
From the
Hansard archive
Example from the Hansard archive. Contains Parliamentary information licensed under theOpen Parliament Licence v3.0
First, any employee who is transferred to the new undertaking will have the option of taking theaccruedbenefitto the new undertaking.
From the
Hansard archive
Example from the Hansard archive. Contains Parliamentary information licensed under theOpen Parliament Licence v3.0
The truth is that theaccruedbenefitresults to both from the fact that both are there.
From the
Hansard archive
Example from the Hansard archive. Contains Parliamentary information licensed under theOpen Parliament Licence v3.0
By so doing the farmer would be taking anaccruedbenefitprovided for by public money.
From the
Hansard archive
Example from the Hansard archive. Contains Parliamentary information licensed under theOpen Parliament Licence v3.0
Thirdly, the employee can transfer theaccruedbenefitto a private scheme.
From the
Hansard archive
Example from the Hansard archive. Contains Parliamentary information licensed under theOpen Parliament Licence v3.0
It therefore recommended a cash equivalent approach which produces an amount equivalent to the value of the assets the scheme would need to hold to pay the members'accruedbenefit.
From the
Hansard archive
Example from the Hansard archive. Contains Parliamentary information licensed under theOpen Parliament Licence v3.0
It requires actuaries to use the equivalent of the projectedaccruedbenefitcost method for determining annual normal cost.
From
Wikipedia
But the termsaccruedbenefitand rate of benefit accrual have long been very familiar and unambiguous to pension actuaries.
From
Wikipedia
This would be particularly true for defined benefit pension schemes, where leaving service actually results in a fall in the expected value of accrued benefits.
From theCambridge English Corpus
During this period, the employee would be eligible to receive the alreadyaccruedbenefitunder the old formula, but all future benefits are accrued under the new plan design.
From
Wikipedia
In shutting down a plan, the plan sponsor must purchase annuities for the accrued benefits of all plan participants.
From theCambridge English Corpus
Theaccruedbenefitfrom such a plan is solely attributable to contributions made into an individual account and investment gains on those funds, less any losses and expense charges.
From
Wikipedia
These examples are from corpora and from sources on the web. Any opinions in the examples do not represent the opinion of the Cambridge Dictionary editors or of Cambridge University Press or its licensors.
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