Cash equivalent value - Revision history

imported>Doug Williamson: Classify page.

2019-03-10T22:20:49Z

Classify page.

← Older revision		Revision as of 22:20, 10 March 2019
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	* [[Transfer value]]		* [[Transfer value]]
	* [[Trust deed]]		* [[Trust deed]]

			[[Category:Accounting,_tax_and_regulation]]

imported>Doug Williamson: Add alternative name.

2019-03-10T22:20:27Z

Add alternative name.

← Older revision		Revision as of 22:20, 10 March 2019
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	(CEV).		(CEV).

	A lump sum in present day terms of the accrued rights of a member within a pension scheme. It assumes that the member is leaving service and makes a transfer to an alternative pension arrangement.		A lump sum in present day terms of the accrued rights of a member within a pension scheme.

			It assumes that the member is leaving service and makes a transfer to an alternative pension arrangement.


	The basis for the calculation of a CEV may be set out in the Trust deed, but even then may give Trustees discretion with respect to the valuation of discretionary benefits, which are often not taken into account.		The basis for the calculation of a CEV may be set out in the Trust deed, but even then may give Trustees discretion with respect to the valuation of discretionary benefits, which are often not taken into account.

	Generally the Scheme Actuary, or some other appointed actuary, will have considerable freedom in the actuarial assumptions used in calculating CEVs.		Generally the Scheme Actuary, or some other appointed actuary, will have considerable freedom in the actuarial assumptions used in calculating CEVs.


			Also known as a cash equivalent ''transfer'' value.

imported>Doug Williamson: Layout.

2016-05-06T13:16:56Z

Layout.

← Older revision		Revision as of 13:16, 6 May 2016
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	Generally the Scheme Actuary, or some other appointed actuary, will have considerable freedom in the actuarial assumptions used in calculating CEVs.		Generally the Scheme Actuary, or some other appointed actuary, will have considerable freedom in the actuarial assumptions used in calculating CEVs.


	== See also ==		== See also ==

imported>Doug Williamson: Spacing

2013-08-03T05:09:41Z

Spacing

← Older revision		Revision as of 05:09, 3 August 2013
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	''Pensions''.		''Pensions''.
	(CEV).
			(CEV).

	A lump sum in present day terms of the accrued rights of a member within a pension scheme. It assumes that the member is leaving service and makes a transfer to an alternative pension arrangement.		A lump sum in present day terms of the accrued rights of a member within a pension scheme. It assumes that the member is leaving service and makes a transfer to an alternative pension arrangement.

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	* [[Transfer value]]		* [[Transfer value]]
	* [[Trust deed]]		* [[Trust deed]]

imported>Administrator: CSV import

2012-10-23T14:13:09Z

CSV import

New page

''Pensions''.
(CEV).
A lump sum in present day terms of the accrued rights of a member within a pension scheme. It assumes that the member is leaving service and makes a transfer to an alternative pension arrangement.

The basis for the calculation of a CEV may be set out in the Trust deed, but even then may give Trustees discretion with respect to the valuation of discretionary benefits, which are often not taken into account.

Generally the Scheme Actuary, or some other appointed actuary, will have considerable freedom in the actuarial assumptions used in calculating CEVs.

== See also ==
* [[Scheme actuary]]
* [[Transfer value]]
* [[Trust deed]]