final salary

Frequency: 6.57.5 per million words

The salary earned at the end of a career, often used for pension calculations.

salaryADJECTIVE + salary

Categories:

final

Examples (10)

  • Your pension will be based on a proportion of your final salary.
  • Many traditional pension schemes are based on an employee's final salary.
  • The calculation of his retirement benefits took into account his final salary.
  • Employees with a final salary pension scheme usually have more secure retirement income.
  • She worked hard to increase her final salary before retirement.
  • The company moved away from a final salary scheme to a defined contribution plan.
  • His final salary was significantly higher than his starting pay.
  • Understanding your final salary entitlements is crucial for retirement planning.
  • The new regulations affect how final salary pensions are calculated.
  • A final salary pension offers a predictable income in old age.