Compensatory benefit definition

Compensatory benefit means the the income that we need to pay you, so that you can be in the same position as if the money you just received in your Savings Wallet was immediately invested in the MCI Money Market Fund. This compensatory benefit makes sure that you benefit from investing in the Momentum Money Market Fund even though the funds in your Savings Wallet are yet to be invested.

Examples of Compensatory benefit in a sentence

  • Compensatory benefit stops and resumes according to the same rules as WW benefit.

  • Compensatory benefit will be paid from the end date of the WW benefit.