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defined-benefit

British

adjective

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.

Even those who agree that its administrative burden and costs may have contributed to the demise of defined-benefit plans still laud its protections.

From MarketWatch • Feb. 10, 2026

These products function much like Social Security or traditional defined-benefit pensions, offering longevity protection rather than investment performance.

From The Wall Street Journal • Jan. 3, 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

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

Definitions and idiom definitions from Dictionary.com Unabridged, based on the Random House Unabridged Dictionary, © Random House, Inc. 2023