Usually means: Pension based on last earnings.
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We found 5 dictionaries that define the word final salary:

General (4 matching dictionaries)
  1. final-salary, final-salary: Collins English Dictionary
  2. final-salary: Wordnik
  3. final salary: Wiktionary
  4. final-salary: TheFreeDictionary.com

Business (1 matching dictionary)
  1. final salary: Finance-Glossary.com

Definitions from Wiktionary (final salary)

adjective:  (UK, pensions) 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.

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