final salary
English
Adjective
final
salary
(
not comparable
)
(
Britain
,
pensions
)
Describing a
pension
scheme
in which an
employer
agrees to provide a pension
payment
or
lump sum
on
retirement
that is predetermined based on the
employee
's length of
service
,
earnings
history and
age
.
Synonyms
defined benefits
Antonyms
defined contributions
money purchase
References
final salary
at
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