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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 23, 2024
by Mike Rawson · Published October 23, 2017
by Mike Rawson · Published July 17, 2018 · Last modified July 22, 2018
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Someone will always be getting richer faster than you. This is not a tragedy.
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