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z.B.: Please find enclosed a statement of benefits including the current *cash equivalent transfer value* (CETV) of Mrs. X's benefits,..
The pension benefits included in the valuation are all the member's benefits by reference to which a *cash equivalent transfer value* is normally calculated.
The *transfer value* is the amount your plan is worth if you transfer its value to another pension plan.
und last, but not least
The scheme actuary provides instructions on how to calculate the current *cash value* of members' benefits from X.
Nun aber bitte auch ein Kommentar, nach der ganzen Tipperei...