Pension fraction: Difference between revisions
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The fraction of pensionable salary for each year of pensionable service which forms the basis for a pension in a Defined Benefit pension scheme. | The fraction of pensionable salary for each year of pensionable service which forms the basis for a pension in a Defined Benefit pension scheme. | ||
== See also == | == See also == | ||
* [[Accrued benefits]] | * [[Accrued benefits]] | ||
* [[Defined benefit pension scheme]] | * [[Defined benefit pension scheme]] | ||
[[Category:Manage_risks]] |
Latest revision as of 14:19, 6 May 2016
The fraction of pensionable salary for each year of pensionable service which forms the basis for a pension in a Defined Benefit pension scheme.