bn:01584095n
Noun Concept
Categories: Pensions
EN
defined benefit pension plan  benefit pension plan  Career average benefit formula  Career average formula  Career earnings formula
EN
Defined benefit pension plan is a type of pension plan in which an employer/sponsor promises a specified pension payment, lump-sum, or combination thereof on retirement that depends on an employee's earnings history, tenure of service and age, rather than depending directly on individual investment returns. Wikipedia
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EN
Defined benefit pension plan is a type of pension plan in which an employer/sponsor promises a specified pension payment, lump-sum, or combination thereof on retirement that depends on an employee's earnings history, tenure of service and age, rather than depending directly on individual investment returns. Wikipedia
A scheme for retirement plans Wikipedia Disambiguation
Type of pension plan Wikidata