Pensionable salary: Difference between revisions

From ACT Wiki
Jump to navigationJump to search
imported>Administrator
(CSV import)
 
imported>Charles Cresswell
No edit summary
Line 8: Line 8:
* [[Earnings cap]]
* [[Earnings cap]]
* [[Pensionable service]]
* [[Pensionable service]]


[[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).

See also