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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 August 3, 2022
by Mike Rawson · Published August 2, 2024
by Mike Rawson · Published July 14, 2021
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Do not save what if left after spending, but spend what is left after saving.

