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Glossary   >   D   >   "Defined benefit pension plan" Definition            Defined benefit pension plan A pension plan in which an employee"s pension benefit is related to number of years service and final salary with each employer. Glossary    Dictionary Search (powered by Google) WWW ITLOCUS.COM GLOSSARY.ITLOCUS.COM Translate a web page (powered by Google)      to German Spanish French Italian Portuguese Japanese Korean Chinese

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Defined benefit pension plan - A pension plan in which an employee"s pension benefit is related to number of years service and final salary with each employer.