A provision of a pension scheme in which the benefits to be received by the pensioner are predetermined and do not depend on the performance of the pension fund.
A comprehensive overview of pension insurance contracts, their definition, concepts, and contextual applications.
A contract that guarantees regular income payments by a financial institution typically used for retirement funding.
Analysis and definition of a career average scheme as a form of defined benefit pension plan.
A pension scheme in which scheme members contribute part of their salary to pension funds, typically matched by employer contributions.
Retirement before the legally established retirement age.
A detailed entry on the final salary scheme, a type of defined benefit pension plan.
A pension scheme where members are not required to contribute to the cost, which is instead entirely funded by the employer.
A comprehension of pensions as a form of regular income for retirees, provided by the state, former employers, or personal pension funds.
Definition and meaning of a pension scheme, a retirement plan managed by individual companies, different schemes, and funding mechanisms.
A flexible approach to retirement characterized by a gradual decrease in work commitments, often through part-time or short-term contracts, rather than an abrupt exit from the labor force.
The pension of a retired person as a proportion of income when in employment.
A UK government scheme intended to provide supplementary earnings-related pensions.
A pension scheme where current beneficiaries are paid from current revenue or contributions without a pension fund.
