Defined Benefit Pension Scheme

Defined Benefit Pension Scheme,

How To Define Defined Benefit Pension Scheme?

Meaning of Defined Benefit Pension Scheme: The type of plan you receive at retirement will depend on your retirement income and annual participation in the pension plan. (Also known as last pay retirement plan).

Literal Meanings of Defined Benefit Pension Scheme

Defined:

Meanings of Defined:
  1. A schema or specification is stated by marking or health declaration.

Sentences of Defined
  1. Specific limit

Benefit:

Meanings of Benefit:
  1. Benefit or benefit comes from something.

  2. Payments or gifts from owners, governments or insurance companies.

  3. Public performances or other entertainment whose proceeds are donated to some charitable cause.

Sentences of Benefit
  1. Social assistance benefits

  2. Fremantization marks newcomers to the season by dancing and discounting profits

Synonyms of Benefit

unemployment benefit, profit, welfare, well-being, comfort, public assistance allowance, pension, convenience, sick pay, good, social security payments, satisfaction, sake, interest, benefit payments, reap financial reward, social security, enjoyment, gain, state benefit, government benefit, ease, reap benefits, advantage, insurance money

Pension:

Meanings of Pension:
  1. Dismissal, primarily for age or health reasons, and pension payments.

  2. Regular retirement payments from a person's investment funds made by that person or their employer during their tenure.

  3. Pensions in France and other European countries, full or partial pensions at fixed rates.

Sentences of Pension
  1. He retired from the army at the end of the war

  2. A permanent contribution to the guarantee of old age is a guarantee of old age.

  3. Of course it is a beautiful and clearly Austrian city, with lots of inns, hotels and restaurants for travelers.

Scheme:

Meanings of Scheme:
  1. Large-scale planning or arrangement to achieve a specific goal or implement a specific idea.

  2. Various public residences.

  3. Intend to do something illegal or wrong, especially indirectly or with the intent to do something.

Sentences of Scheme
  1. Smart marketing plan

  2. Conspired to overthrow the government

Synonyms of Scheme

plan of action, intrigue, programme, stratagem, project, plot, connive, hatch a plot, game plan, strategy, lay plans, take part in a conspiracy, manoeuvre, plan, conspire