Difference between revisions of "Pension fraction"

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The fraction of pensionable salary for each year of pensionable service which forms the basis for a pension in a Defined Benefit pension scheme.
 
The fraction of pensionable salary for each year of pensionable service which forms the basis for a pension in a Defined Benefit pension scheme.
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== See also ==
 
== See also ==
 
* [[Accrued benefits]]
 
* [[Accrued benefits]]
 
* [[Defined benefit pension scheme]]
 
* [[Defined benefit pension scheme]]
 
  
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[[Category:Manage_risks]]

Latest revision as of 14:19, 6 May 2016

The fraction of pensionable salary for each year of pensionable service which forms the basis for a pension in a Defined Benefit pension scheme.


See also