Definition: Other cash benefits (Old Age Function)
ESSPROS Manual
Periodic or lump-sum benefits paid upon retirement or on account of old age that do not fall under the above headings, such as capital sums paid to people who do not fully meet the requirements for a periodic retirement pension, or who were members of a scheme designed to provide only capital sums at retirement.
This definition is identical in versions 1996, 2008 and 2011 of the Manual.
This definition is also used in the Commission Regulation (EC) No 1980/2003 of 21 October 2003 implementing Regulation (EC) No 1177/2003 of the European Parliament and of the Council concerning Community statistics on income and living conditions (EU-SILC) as regards definitions and updated definitions.
Source:
Eurostat, "ESSPROS Manual - The European System of integrated Social Protection Statistics", 2011 Edition, Office for Official Publications of the European Communities, Luxembourg, 2011
Created:
Updated: