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
In the public sector, however, the full cost of final-salary pensions has been disguised by iffy accounting.
From Economist • Jul. 25, 2013
The new scheme will be a one, rather than the final-salary versions that operate at present.
From BBC • Aug. 1, 2012
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
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