Balance of cost pension scheme: Difference between revisions
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imported>Administrator (CSV import) |
imported>Doug Williamson m (Category added 9/10/13 and spacing) |
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Most UK defined benefit pension schemes have historically been of this type. | Most UK defined benefit pension schemes have historically been of this type. | ||
== See also == | == See also == | ||
* [[Cash balance pension scheme]] | * [[Cash balance pension scheme]] | ||
* [[Defined benefit pension scheme]] | * [[Defined benefit pension scheme]] | ||
[[Category:Pensions_Risk]] | |||
Revision as of 14:27, 9 October 2013
A pension scheme where the beneficiary makes a defined contribution (usually a percentage of pensionable salary) and the main sponsor pays the remainder of the (unknown) cost of providing the benefits.
Most UK defined benefit pension schemes have historically been of this type.
