Defined benefit pension scheme and Definitive deed: Difference between pages

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(DB).  
''Law and pensions''.
The final version of a trust deed covering all necessary clauses, traditionally only drafted after gaining HMRC's approval of an interim deed.


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.
== See also ==
* [[His Majesty's Revenue & Customs]]  (HMRC)
* [[Interim deed]]


== See also ==
[[Category:Compliance_and_audit]]
* [[Accrual]]
[[Category:Treasury_operations_infrastructure]]
* [[Accrual rate]]
* [[Active member]]
* [[Career average pension scheme]]
* [[Debt on the employer]]
* [[Defined contribution pension scheme]]
* [[Final salary pension scheme]]
* [[FRS 17]]
* [[Funded scheme]]
* [[Funding]]
* [[Hybrid pension scheme]]
* [[Insured pension scheme]]
* [[Lifetime allowance]]
* [[Occupational pension scheme]]
* [[Pension liabilities]]
* [[Pensionable salary]]
* [[Pensionable service]]
* [[Unfunded scheme]]

Latest revision as of 15:55, 28 September 2022

Law and pensions.

The final version of a trust deed covering all necessary clauses, traditionally only drafted after gaining HMRC's approval of an interim deed.


See also