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:
- 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 ...
- BBC News - Q&A: Final salary schemes
Aug 17, 2009 ... A brief guide to final salary schemes and how they work.
- 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 ...
- 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.
- 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.
- 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 ...
- 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.
- 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 ...