Terms with Tag Pension

  • Pay-As-You-Go (PAYG)Acronym,
    • Pensions, Insurance and Financial Institutions (PIFI)Acronym, Alberta, Canada,
      • Present Value of an Annuity (PVA)Acronym,
        • Projected Benefit Obligation (PBO)Acronym,
          • Public Service Superannuation Act (PSSA)Acronym, Canada,
            • An Act to provide for the superannuation of persons employed in the public service.
          • Purchased Life Annuity (PLA)Acronym,
            • Qualified Joint and Survivor Annuity (QJSA)Acronym,
              • Qualified Pre-retirement Survivor Annuity (QPSA)Acronym, United States,
                • A death benefit where the spouse or beneficiary of a deceased employee receives annuity payments as compensation that would have otherwise been paid out during retirement.
                A US pension term.
              • Registered Pension Plan (RPP) Acronym, Canada,
                • Registered Retirement Income Fund (RRIF) Acronym, Canada, Important,
                  • Registered Retirement Savings Plan (RRSP) Acronym, Canada, Very Important,
                    • A savings plan introduced by the federal government to encourage Canadians to save money for retirement. The investment and the interest earned on it is sheltered: it will not be taxed as long as it is left in the plan.
                    Tax deferred investment contribution used to reduce income tax.
                  • Retroactive Annuity Starting Date (RASD)Acronym,
                    • Salary Reduction Simplified Employee Pension Plan (SARSEP)Acronym,
                        A US tax term.
                      • Taxed-Exempt-Exempt (TEE)Acronym,
                        • Variable Payment Life Annuity (VPLA)Acronym, British Columbia, Canada,
                          • Yearly Maximum Pensionable Earnings (YMPE)Acronym, Canada,
                            • The maximum limit to the amount of pensionable earnings a contributor would receive from the Canada Pension Plan (CPP). This value is indexed annually by the Canadian Federal Government and used in the calculation of the CPP Bridge Benefit. Pensions increase based on the Consumer Price Index (CPI).
                            A term used relation to the Canadian Pension Plan.
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