translate English to French: Pension standards legislation in certain jurisdictions requires that on termination of employment, a member must be given the option of transferring his or her commuted value to purchase a life annuity from an insurance company.
La législation applicable sur les normes de pension de certaines provinces exige que, lors de la cessation, le participant se voit offrir le choix de transférer ou de racheter ses prestations afin d'acheter une rente viagère auprès d'une compagnie d'assurance.