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 Glossary   >   D   >   "Defined Benefit Pension Scheme" Definition   

        Defined Benefit Pension Scheme

Pensions scheme where the rules that define the benefits of the scheme are independent of the rules relating to contributions to the scheme. The benefit will usually be expressed as an amount of pension, often related to earnings and service.

Defined Benefit Pension Scheme


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Defined Benefit Pension Scheme - Pensions scheme where the rules that define the benefits of the scheme are independent of the rules relating to contributions to the scheme. The benefit will usually be expressed as an amount of pension, often related to earnings and service.


Defined Benefit Pension Scheme : pensions scheme where the rules that define the benefits of the scheme are independent of the rules relating to contributions to the scheme. the benefit will usually be expressed as an amount of pension, often related to earnings and service.