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Defined benefit: pension scheme where the amount paid is calculated from a formula, usually linked to pay and length of time in the scheme.
« Back to Glossary Indexby Mike Rawson ·
Defined benefit: pension scheme where the amount paid is calculated from a formula, usually linked to pay and length of time in the scheme.
« Back to Glossary Index
by Mike Rawson · Published November 16, 2019 · Last modified June 17, 2020
by Mike Rawson · Published October 17, 2022
by Mike Rawson · Published April 11, 2020 · Last modified May 14, 2020
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If you put two economists in a room you get two opinions, unless one of them is Lord Keynes, in which case you get three opinions
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