Definitions for "Accrued benefits"
The pension benefits earned by an employee accourding to the years of the employee's service.
In relation to superannuation, it represents the benefits that have already accumulated at a given point in time, and doesn’t include any future benefits.
Benefits that have already accumulated up to a given point in time.
It refers to the amount of a member's interests in a scheme at a particular time that is calculated as the contributions made by the member and his/her employer(s), together with any investment return (profit or loss) on the contributions.