Final salary pension scheme: Difference between revisions
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A Defined Benefit pension scheme where the benefit for each year of membership is related to the pensionable salary received in the final year, or sometimes to the average pensionable salary over the last two or three years. | A Defined Benefit pension scheme where the benefit for each year of membership is related to the pensionable salary received in the final year, or sometimes to the average pensionable salary over the last two or three years. | ||
== See also == | == See also == | ||
* [[Career average pension scheme]] | * [[Career average pension scheme]] | ||
* [[Defined benefit pension scheme]] | * [[Defined benefit pension scheme]] | ||
[[Category:Manage_risks]] | |||
Latest revision as of 14:22, 9 October 2013
A Defined Benefit pension scheme where the benefit for each year of membership is related to the pensionable salary received in the final year, or sometimes to the average pensionable salary over the last two or three years.
