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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

Examples are provided to illustrate real-world usage of words in context. Any opinions expressed do not reflect the views of Dictionary.com.

The second way the proposed rule makes defined-contribution plans more like defined-benefit pensions is the use of private assets.

From The Wall Street Journal • Apr. 2, 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

A pension, a defined-benefit plan, relies on employer rather than employee contributions.

From Salon • Oct. 29, 2024

While IAM members expect the wage rates to be raised substantially in the coming contract, Holden said many are also asking him to try to get the defined-benefit pension back.

From Seattle Times • Nov. 6, 2023