Final Salary Scheme

RRHH Digital Final salary scheme: Salary is a regular compensation paid by an employer to an employee. It’s a fixed amount of money in return for a specific work, excluding benefits such as health and life insurance. Frequently this regular remuneration is paid on a monthly basis over the course of the year by bank transfer or check.

A final salary scheme refers to a pension plan where the amount of an employee’s pension or benefit is based on the number of years worked for each employer and his/her final salary.