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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 January 12, 2021
by Mike Rawson · Published September 8, 2016 · Last modified March 21, 2018
by Mike Rawson · Published September 6, 2022 · Last modified January 11, 2023
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No matter how great the talent or effort, some things just take time: You can’t produce a baby in one month by getting nine women pregnant.