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ACCRUAL RATE

Statistics Directorate    
French Equivalent: Taux d'accumulation

Definition:
The rate at which pension benefits builds up as member service is completed in a defined benefit plan.

Context:
Identical term, "Accrual factor".

Source Publication:
OECD Working Party on Private Pensions, 2005, “'Private Pensions: OECD Classification and Glossary, 2005 edition”, OECD, Paris.

Cross References:
Defined benefit pension plans - OECD

Statistical Theme: Financial statistics

Glossary Output Segments:
OECD Private Pensions

Created on Friday, January 17, 2003

Last updated on Thursday, August 11, 2005