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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 July 4, 2019
by Mike Rawson · Published September 28, 2020 · Last modified October 6, 2020
by Mike Rawson · Published January 15, 2019
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Everyone has a plan ’till they get punched in the mouth.

