GLOSSARY

Accelerated accrual definition

What does Accelerated accrual mean?

Where a defined benefit pension scheme’s accrual rate is greater than (usually) one sixtieth of pensionable remuneration for each year of pensionable service.

Discover our 1 Practice Notes on Accelerated accrual

Speed up all aspects of your legal work with tools that help you to work faster and smarter. Win cases, close deals and grow your business–all whilst saving time and reducing risk.

  Case studies

"We couldn't do as good a job as we do without it. LexisNexis gives us the security and confidence that we are best serving our clients because the information we are working on is the most accurate we can get"

Avensure


Access all documents on Accelerated accrual

GET ACCESS NOW