Glossary
a | b | c | d | e | f | g | h | i | j | k | l | m | n | o | p | q | r | s | t | u | v | w | x | y | z | 0 | 1 | 2 | 3 | 4 | 5 | 6 | 7 | 8 | 9
- Career average schemesearch for term
-
These schemes work in a similar way to final salary schemes. However, as the name suggests, the pension you’re entitled to is based on the average of your pensionable earnings* during the time you were a scheme member, instead of on your salary at retirement.