Exchange Currency

final salary scheme

nouna form of pension scheme where the benefit is based on the final salary of the member and his or her years of service

Related information about final salary scheme:
  1. Final Salary Schemes - The Pensions Advisory Service (TPAS)
    A final salary scheme is a type of defined benefit arrangement. It is set up by an employer to provide income in retirement for its employees. Although the ...
     
  2. BBC News - Q&A: Final salary schemes
    Aug 17, 2009 ... A brief guide to final salary schemes and how they work.
     
  3. final salary scheme (defined benefit scheme) : defined at Finance ...
    final salary scheme (defined benefit scheme) : A pension scheme in which an employee's pension is based on the number of years of service and final salary ...
     
  4. Pensions: don't sell your final salary scheme | Money | The Guardian
    Mar 5, 2011 ... Cash incentives to transfer out of a final salary scheme are rarely for the benefit of the workers, says Jill Papworth.
     
  5. What is final salary scheme? definition and meaning
    Definition of final salary scheme: nouna form of pension scheme where the benefit is based on the final salary of the member and his or her years of service.
     
  6. A guide to final-salary pension schemes | This is Money
    Apr 7, 2011 ... All pension benefits you have accrued to date in a final-salary scheme are safe - as long as the company is solvent. In some cases companies ...
     
  7. Shell closes final salary scheme - Business News - Business - The ...
    Jan 6, 2012 ... The last company in the FTSE 100 Index to offer gold-plated pensions to new recruits has called time on the perk, it emerged today.
     
  8. Defined benefit and final salary pensions - Company pensions ...
    In a final salary scheme, it is defined as your pay at retirement, or when you leave , if earlier. In a career average scheme, it is the average salary you've been ...