defined benefit

defined benefit
deˌfined ˈbenefit 8 [defined benefit] noun
a fixed amount of money that will be paid by a ↑pension plan, especially when this amount is based on your salary at the end of your working life and the number of years you worked

Companies are closing their defined benefit pension plans to new entrants.

If you are in a defined benefit fund, think carefully before leaving it.


Useful english dictionary. 2012.

См. также в других словарях:

  • defined benefit — UK US adjective [before noun] ► HR used to describe a pension arrangement in which the value of the pension is fixed, and usually decided by the length of time you worked for a company and the salary that you earned: »a defined benefit… …   Financial and business terms

  • defined-benefit — UK US adjective [before noun] ► HR used to describe a pension arrangement in which the value of the pension is fixed, and usually decided by the length of time you worked for a company and the salary that you earned: »a defined benefit… …   Financial and business terms

  • Defined Benefit — beitragsorientierte Leistungszusage; Leistung der ⇡ betrieblichen Altersversorgung, bei der sich der Arbeitgeber verpflichtet, bestimmte Beträge in eine ⇡ Anwartschaft auf Alters , Invaliditäts oder Hinterbliebenenversorgung umzuwandeln. D.B.… …   Lexikon der Economics

  • defined benefit plan — de·fined benefit plan n: a pension plan in which the amount of benefits paid to an employee after retirement is fixed in advance in accordance with a formula given in the plan Merriam Webster’s Dictionary of Law. Merriam Webster. 1996. defined… …   Law dictionary

  • defined benefit scheme — (DB scheme): An occupational pension scheme or other retirement benefit scheme which promises the member a defined level of benefit on death or retirement. Employer s contributions have then to be determined from time to time so as to cover the… …   Law dictionary

  • defined-benefit scheme — (DB scheme): An occupational pension scheme or other retirement benefit scheme which promises the member a defined level of benefit on death or retirement. Employer s contributions have then to be determined from time to time so as to cover the… …   Law dictionary

  • Defined benefit pension plan — For the defined contribution pension plan, see Defined Contribution Pension Plan. In economics, a defined benefit pension plan is a major type of pension plan in which an employer promises a specified monthly benefit on retirement that is… …   Wikipedia

  • Defined-Benefit Plan — An employer sponsored retirement plan where employee benefits are sorted out based on a formula using factors such as salary history and duration of employment. Investment risk and portfolio management are entirely under the control of the… …   Investment dictionary

  • Defined Benefit Obligation — Bei der Projected Unit Credit Method (kurz PUCM, kaum verwendete deutsche Übersetzung: Verfahren der laufenden Einmalprämien) handelt es sich um ein versicherungsmathematisches Bewertungsverfahren für Verpflichtungen aus betrieblicher… …   Deutsch Wikipedia

  • defined benefit plan — A pension or other employee benefit plan that provides specified amounts of benefits to eligible participants. The specified amounts of benefits are usually determined based upon age, years of service, and/or levels of compensation. American… …   Financial and business terms


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