final-salary
Britishadjective
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.
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
For example, were interest rates to fall again or should company profits fall, this could put pressure on the longevity of employers' final-salary schemes, which could close.
From BBC ● Aug. 24, 2018
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
Just as a final-salary obligation is a burden for the public purse, so private-sector pensions weigh on corporate profits.
From The Guardian ● Dec. 6, 2010
Definitions and idiom definitions from Dictionary.com Unabridged, based on the Random House Unabridged Dictionary, © Random House, Inc. 2023
Idioms from The American Heritage® Idioms Dictionary copyright © 2002, 2001, 1995 by Houghton Mifflin Harcourt Publishing Company. Published by Houghton Mifflin Harcourt Publishing Company.
