actuarial equivalent

actuarial equivalent. The amount of accrued pension benefits to be paid monthly or at some other interval so that the total amount of benefits will be paid over the expected remaining lifetime of the recipient. [Cases: Annuities 6; Pensions 131. C.J.S. Annuities §§ 13–14, 17–20; Pensions and Retirement Plans and Benefits §§ 69, 86.]

---

词条贡献者

译者Stephen，毕业于亚洲顶尖的高级翻译学院，擅长翻译各种与国际环境保护法规相关的法律文件。