Percentage of unreduced accrued benefit
Term · Economic statistics · MLC-T-ECS-001426
Method in which the participant's pension is not reduced to adjust for survivor benefits.
Note: The participant will receive an amount equal to the straight-life annuity, and the spouse will receive a proportion of that amount, often 50 percent, should the participant die.
| Identifier | MLC-T-ECS-001426 |
|---|---|
| Field | Economic statistics |
| References | BLS Glossary |
Record as JSON
{
"id": "MLC-T-ECS-001426",
"term": "Percentage of unreduced accrued benefit",
"field": "Economic statistics",
"definition": "Method in which the participant's pension is not reduced to adjust for survivor benefits.\n\nNote: The participant will receive an amount equal to the straight-life annuity, and the spouse will receive a proportion of that amount, often 50 percent, should the participant die.",
"references": [
"BLS Glossary"
],
"url": "https://mlchart.com/terminology/economic-statistics/percentage-of-unreduced-accrued-benefit/"
}
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