Pensionable salary: Difference between revisions
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Pensionable salary will often be lower than total salary as a result of certain deductions (to exclude for example any overtime or bonus payments). | Pensionable salary will often be lower than total salary as a result of certain deductions (to exclude for example any overtime or bonus payments). | ||
== See also == | == See also == |
Revision as of 11:58, 6 May 2016
The salary to which the pay related formula in a Defined Benefit pension scheme is applied.
Pensionable salary will often be lower than total salary as a result of certain deductions (to exclude for example any overtime or bonus payments).