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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 18, 2020
by Mike Rawson · Published September 28, 2026
by Mike Rawson · Published January 22, 2019
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Money is only a tool. It will take you wherever you wish, but it will not replace you as the driver.
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