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OHADBAV320AD - Allocation Period for Invalidity Pension

OHADBAV320AD - Allocation Period for Invalidity Pension

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An employee becomes an invalid at the age of 40. The cumulated entitlement is DEM200. In addition, he or she also receives a pension of DEM200 which is calculated by running a fictitioius valuation of the employment period up to the age of 55.

Your pension plan specifies that an additional benefit is paid if an employee becomes an invalid and that this benefit is calculated by valuating future periods.

If an invalidity pension is paid, an additional benefit is often paid. This additional benefit is the result of the valuation from the pension start date to a particular age.






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