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defined-benefit

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Collins Concise English Dictionary © HarperCollins Publishers::

defined-benefit

denoting an occupational pension scheme that guarantees a specified payout, usually based on an employee's final salary and years of service
Abbreviation: DB
Also called: final-salary

'defined-benefit' also found in these entries (note: many are not synonyms or translations):

Forum discussions with the word(s) "defined-benefit" in the title:

ccash balance and defined benefit plan income

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