final salary

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final salary

adjective

UK, not comparable Describing a pension scheme in which an employer agrees to provide a pension payment or lump sum on retirement that is predetermined based on the employee's length of service, earnings history and age.
Similar: defined benefits

Opposite: defined contributions, money purchase

Thesaurus

adjective

Opposite: defined contributions, money purchase

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MLA

"final salary." Wiktionary, via Micwyn, micwyn.com/word/final%20salary. Accessed 6 Nov. 2026.

APA

final salary. (n.d.). In Wiktionary, via Micwyn. Retrieved November 6, 2026, from https://micwyn.com/word/final%20salary

Chicago

"final salary." Wiktionary, via Micwyn. Accessed November 6, 2026. https://micwyn.com/word/final%20salary.

BibTeX

@misc{final_salary_2026,
  title = {final salary},
  howpublished = {Wiktionary, via Micwyn},
  year = {2026},
  url = {https://micwyn.com/word/final%20salary},
  urldate = {2026-11-06}
}