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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 February 11, 2019
by Mike Rawson · Published July 20, 2016 · Last modified October 13, 2016
by Mike Rawson · Published February 5, 2015 · Last modified January 21, 2020
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