Compensation Glossary

# A B C D E F G H I J K L M N O P Q R S T U V W - Z

Commuted Value

In Canada, this is based on a variety of factors (interest rates, assumptions of mortality, pension entitlements and so on). This is a term used to refer to the current value of all future income payments from a pension plan. This is typically calculated and provided by the pension administrator upon request.
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