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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, 2018 · Last modified June 18, 2020
by Mike Rawson · Published November 28, 2016
by Mike Rawson · Published August 3, 2021
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I try not to borrow, first you borrow then you beg.