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ACTUARIAL REDUCTION

Statistics Directorate    
French Equivalent: Réduction actuarielle

Definition:
The amount of benefit decrease the pension plan member receives calculated based on actuarial assumptions in case of early retirement.

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

Cross References:
Actuarial assumptions
Early retirement

Statistical Theme: Financial statistics

Glossary Output Segments:
OECD Private Pensions

Created on Friday, January 17, 2003

Last updated on Thursday, August 11, 2005