Glossary entry (derived from question below)
English term or phrase:
Accrual Rates
English answer:
rate at which a benefit is accumulated
Added to glossary by
Rafaqat Dogar
Jan 17, 2005 22:54
19 yrs ago
5 viewers *
English term
United Kingdom
More than 18 Years in Translation Field
Native in: Urdu 
Works in: English to Urdu, Punjabi to English, Urdu to English, and 2 more.
Accrual Rates
English
Law/Patents
Law: Contract(s)
PPF benefits will be calculated by reference to age,scheme accrual rates and levels of pensionable earnings under the existing scheme.
Responses
| 5 +5 | rate at which a benefit is accumulated |
Martine Brault
|
Responses
+5
4 mins
Martine Brault
Canada
Canada
Native in English
&
English
Specializes in field
Canada
Versatility reliability professionalism
Native in: English 
, French
Works in: English to French, French to English, French, and 1 more.
Related KudoZ points
:
20
Selected
rate at which a benefit is accumulated
Accrual rate
Definition
The rate of build-up of a pension in a scheme where the calculation is based on salary. The accrual rate is generally expressed as some fraction - for example, sixtieths - of final pay.
--------------------------------------------------
Note added at 5 mins (2005-01-17 22:59:25 GMT)
--------------------------------------------------
http://www.finance-glossary.com/terms/accrual-rate.htm?id=18...
Definition
The rate of build-up of a pension in a scheme where the calculation is based on salary. The accrual rate is generally expressed as some fraction - for example, sixtieths - of final pay.
--------------------------------------------------
Note added at 5 mins (2005-01-17 22:59:25 GMT)
--------------------------------------------------
http://www.finance-glossary.com/terms/accrual-rate.htm?id=18...
4 KudoZ points awarded for this answer.
Comment: "Thank you very much"
Something went wrong...