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This is a type of defined benefit occupational pension schemes. A salary-related scheme will provide pension benefits which are based on the accrual rate, the time someone was a member (pensionable service) and their salary (see pensionable salary). The best known salary-related scheme is the final salary scheme. Salary-related schemes are very desirable as the pension benefits they provide in retirement are not dependent on the investments returns from the pension fund or an annuity rate.

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