defined contributions en · ADJ
Meanings
- (UK, not-comparable, qualifier:pensions) Describing a pension scheme in which an employer agrees to provide a pension payment or lump sum on retirement that is based on the combination of the employer's and employee's contributions to the scheme over the employee's working life.
Forms
| Spelling | Features | Labels | Source |
|---|---|---|---|
| defined contribution | alternative | lexicographic | |
| DC | alternative | lexicographic |
Antonyms
final salary · defined benefits