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 == |
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.