Meanings
- UKnot comparablepensionsDescribing 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.
Synonyms: defined benefits
Synonyms & antonyms
adjectiveDescribing 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.
Cite this entry
final salary. (n.d.). In WatkinsX Dictionary. Retrieved November 4, 2026, from https://dictionary.watkinsx.com/word/final%20salary
“final salary.” WatkinsX Dictionary, https://dictionary.watkinsx.com/word/final%20salary. Accessed November 4, 2026.
WatkinsX Dictionary, s.v. “final salary,” accessed November 4, 2026, https://dictionary.watkinsx.com/word/final%20salary.
Source: final salary on Wiktionary, CC BY-SA 4.0.