Debt service coverage ratio and Pensionable salary: Difference between pages

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(DSCR).
The salary to which the pay related formula in a Defined Benefit pension scheme is applied.
 
The same as Debt service ratio.


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 ==
* [[Debt service ratio]]
* [[Accrued benefits]]
* [[Defined benefit pension scheme]]
* [[Earnings cap]]
* [[Pensionable service]]


[[Category:Accounting,_tax_and_regulation]]
[[Category:Manage_risks]]
[[Category:The_business_context]]

Revision as of 22:36, 28 June 2013

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).

See also