Mu and Pensionable salary: Difference between pages
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The | 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 == | == See also == | ||
* [[ | * [[Accrued benefits]] | ||
* [[ | * [[Defined benefit pension scheme]] | ||
* [[Earnings cap]] | |||
* [[Pensionable service]] | |||
[[Category: | [[Category:Manage_risks]] | ||
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).
