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Showing results for final-salary. Search instead for Principal's+Salary.

final-salary

British  

adjective

  1. another name for defined-benefit

"Collins English Dictionary — Complete & Unabridged" 2012 Digital Edition © William Collins Sons & Co. Ltd. 1979, 1986 © HarperCollins Publishers 1998, 2000, 2003, 2005, 2006, 2007, 2009, 2012

Example Sentences

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Often known as final-salary schemes, these pensions pay a proportion of people's salary at the point they retire.

From BBC • Oct. 12, 2022

Conventional DC schemes are well established: most companies with old-style final-salary schemes have already enrolled new employees in them.

From Economist • Jun. 5, 2014

LONDON—U.K. public-sector workers should be switched from lucrative final-salary pension schemes to ones based on their average earnings to help reduce the burden on the government's finances, an independent report recommended Thursday.

From The Wall Street Journal • Mar. 10, 2011

It is also a pension fund that still offers a final-salary scheme – a real rarity.

From The Guardian • Mar. 9, 2011

If it is a final-salary scheme it is generally best left there.

From BBC • Dec. 15, 2010

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