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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 September 27, 2016
by Mike Rawson · Published February 27, 2018
by Mike Rawson · Published April 8, 2024 · Last modified April 9, 2024
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