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• 08:41, 8 August 2026 WikiSysopIG talk contribs created page Defined benefit pension plan (Created page with "'''Defined benefit pension plan''' ('''DB plan''') is a type of Pension plan in which the retirement benefit payable to a participant is determined according to a predetermined formula or benefit structure. The benefit may depend on factors such as salary, years of service, age at retirement, and other conditions specified by the plan. Unlike a Defined contribution pension plan, a defined benefit plan generally specifies the retirement benefit rather than th...")