earnings-related benefit
1earnings-related — ADJ: usu ADJ n An earnings related payment or benefit provides higher or lower payments according to the amount a person was earning while working. [BRIT] ...the Government s State Earnings Related Pension Scheme …
2State Earnings-Related Pension Scheme — The State Earnings Related Pension Scheme (SERPS) is a UK Government pension arrangement. The scheme ran from 6 April 1978 to 5 April 2002. Everybody who paid full class 1 National Insurance at some point between 1978 and 2002 earned a pension… …
3earnings — n.pl. money earned. Phrases and idioms: earnings related (of benefit, a pension, etc.) calculated on the basis of past or present income …
4Earnings before interest, taxes, depreciation and amortization — (EBITDA) is a non GAAP metric that can be used to evaluate a company s profitability.::EBITDA = Operating Revenue – Operating Expenses + Other RevenueIts name comes from the fact that Operating Expenses do not include interest, taxes, or… …
5Defined benefit pension plan — For the defined contribution pension plan, see Defined Contribution Pension Plan. In economics, a defined benefit pension plan is a major type of pension plan in which an employer promises a specified monthly benefit on retirement that is… …
6Housing Benefit — is a means tested social security benefit in the UK that is intended to help meet Housing costs for rented accommodation. The primary legislation governing Housing Benefit is the Social Security Contributions and Benefits Act 1992.[1]… …
7defined benefit scheme — (DB scheme): An occupational pension scheme or other retirement benefit scheme which promises the member a defined level of benefit on death or retirement. Employer s contributions have then to be determined from time to time so as to cover the… …
8defined-benefit scheme — (DB scheme): An occupational pension scheme or other retirement benefit scheme which promises the member a defined level of benefit on death or retirement. Employer s contributions have then to be determined from time to time so as to cover the… …
9career average revalued earnings scheme — / CARE scheme A type of defined benefit pension scheme (defined benefit scheme) in which the member s pension at retirement is calculated using their average salary over the entire period of their service with the employer. In making the… …
10unemployment benefit — unemployment benefits N UNCOUNT: also N in pl Unemployment benefit is money that some people receive from the state when they do not have a job and are unable to find one. In 1986 more than three million were receiving unemployment benefit...… …
