final salary

adjective

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.

Meanings

adjectivefinal salary (not comparable)
  1. 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
APA

final salary. (n.d.). In WatkinsX Dictionary. Retrieved November 4, 2026, from https://dictionary.watkinsx.com/word/final%20salary

MLA

“final salary.” WatkinsX Dictionary, https://dictionary.watkinsx.com/word/final%20salary. Accessed November 4, 2026.

Chicago

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.