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VESTED BENEFIT OBLIGATION (VBO)

Statistics Directorate    
French Equivalent: Obligations au titre des droits acquis

Definition:
The actuarial present value, using current salary levels, of vested benefits only.

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

Statistical Theme: Financial statistics

Glossary Output Segments:
OECD Private Pensions

Created on Monday, January 20, 2003

Last updated on Wednesday, August 17, 2005