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.]

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词条贡献者

法律翻译郭敏，毕业于欧洲顶尖的高级翻译学院，擅长翻译涉及互动娱乐领域的法律文件。