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defined-benefit

British  

adjective

  1. Also called: final-salary.   DB.  denoting an occupational pension scheme that guarantees a specified payout, usually based on an employee's final salary and years of service

"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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Shift pensions from defined-benefit to defined-contribution models, and move risk off government balance sheets, as Australia did in the 1980s and 1990s.

From The Wall Street Journal Jul. 14, 2026

With a traditional defined-benefit plan, the employer absorbed the ups and downs of the market.

From MarketWatch Mar. 24, 2026

Many still draw defined-benefit or generous public pensions, a rare anchor of income stability in a credit-stressed economy.

From Barron's Nov. 28, 2025

At the same time, following World War II, employers began to expand retirement benefits for their full-time employees, providing them with defined-benefit pensions and other important benefits for old age.

From Salon Apr. 7, 2025

And if Boeing were to restore the defined-benefit pension, it would be pioneering a reversal of a longtime trend in corporate America to get rid of such plans.

From Seattle Times Mar. 8, 2024

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