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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 20, 2021
by Mike Rawson · Published August 3, 2022
by Mike Rawson · Published February 27, 2015 · Last modified October 18, 2016
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Every time you borrow money, you’re robbing your future self.