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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 December 13, 2016 · Last modified December 14, 2016
by Mike Rawson · Published March 10, 2016 · Last modified October 18, 2016
by Mike Rawson · Published April 19, 2021
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Money is just a way of keeping score.