Defined benefit pension scheme: Difference between revisions
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imported>Doug Williamson m (Category added 9/10/13) |
imported>Doug Williamson (Update for FRS 102) |
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Such schemes may be funded or unfunded. | Such schemes may be funded or unfunded. | ||
Relevant accounting standards include Section 28 of FRS 102. | |||
== See also == | == See also == | ||
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* [[Defined contribution pension scheme]] | * [[Defined contribution pension scheme]] | ||
* [[Final salary pension scheme]] | * [[Final salary pension scheme]] | ||
* [[FRS | * [[FRS 102]] | ||
* [[Funded scheme]] | * [[Funded scheme]] | ||
* [[Funding]] | * [[Funding]] | ||
Revision as of 10:38, 6 November 2015
(DB).
A pension scheme that provides benefits based on how much a member is paid and the number of years they have been in the scheme; also known as pay related schemes (one example of which is a final salary scheme).
Such schemes may be funded or unfunded.
Relevant accounting standards include Section 28 of FRS 102.
See also
- Accrual
- Accrual rate
- Active member
- Career average pension scheme
- Debt on the employer
- Defined contribution pension scheme
- Final salary pension scheme
- FRS 102
- Funded scheme
- Funding
- Hybrid pension scheme
- Insured pension scheme
- Lifetime allowance
- Occupational pension scheme
- Pension liabilities
- Pensionable salary
- Pensionable service
- Unfunded scheme
