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FINAL AVERAGE EARNINGS

Statistics Directorate    
French Equivalent: Gains moyens de fin de carrière

Definition:
The fund member’s earnings that are used to calculate the pension benefit in a defined benefit plan; it is typically the earnings of the last few years prior to retirement.

Source Publication:
OECD Working Party on Private Pensions, 2005, “'Private Pensions: OECD Classification and Glossary, 2005 edition”, OECD, Paris.

Statistical Theme: Financial statistics

Glossary Output Segments:
OECD Private Pensions

Created on Monday, January 20, 2003

Last updated on Tuesday, August 16, 2005