HomeSNAISWGNAKnowledge BaseDataTechnical CooperationPublications
You are here:   SNA >> 1993 SNA >> Glossary

Glossary of the 1993 SNA - Definition of Term

TermAdjustment for the change in the net equity of households in pension fund reserves
DefinitionThe adjustment for the change in the net equity of households in pension fund reserves is equal to the total value of the actual social contributions payable into private funded pension schemes plus the total value of contribution supplements payable out of the property income attributed to insurance policy holders (i.e., holders of pension rights) minus the value of the associated service charges minus the total value of the pensions paid out as social insurance benefits by private funded pension schemes; this adjustment is designed to ensure that the balance of pension contributions over pension receipts (i.e., of “transfers” payable over “transfers” receivable) does not enter into household saving.
Paragraphs9.16.
 
It is acknowledged that this glossary uses descriptions of the OECD glossary of statistical terms, the Glossary of the System of National Accounts 1993 and the UN classifications registry.
 
About  |  Sitemap  |  Contact Us
Copyright © United Nations, 2014