pension base

USAGE SUMMARY

The phrase "pension base" is correct and usable in written English.
It can be used in contexts related to retirement plans, benefits calculations, or financial discussions regarding pensions. Example: "The pension base for calculating retirement benefits will be adjusted annually to reflect inflation."

✓ Grammatically correct

News & Media

Science

Academia

Human-verified examples from authoritative sources

Exact Expressions

3 human-written examples

Often massive overtime payments in the last three years can fatten the pension base.

Forbes

Local governments, given latitude by Beijing, have been raising their pension base by about 10%, according to Mercer.

Forbes

The Norwegian Labor and Welfare Service (NAV) gives compensation for all loss of income up to 6 × G for the rest of the first year, where G is the Norwegian public pension base rate (on May 1, 2010, it was 9,600 euros).

Acta Orthopaedica

Human-verified similar examples from authoritative sources

Similar Expressions

57 human-written examples

(c Part of private pension based on employee contributions.

Cornell University

Patrick Collinson Nest has a calculator which will estimate final pension based on your current age and income.

The Guardian - Money

He may propose an end to final salary schemes in favour of a pension based on career average salary.

The Guardian

Instead, members would receive a pension based on their average career earnings – but only up to a threshold of £50,000.

The Guardian

The state is bound to provide you with a basic pension, based on your record of national insurance contributions.

The Guardian

Back then, the workforce was full-time, saw their pay go up each year and could look forward to a pension based on their final salary.

The Guardian - Business

Under the proposed changes, those joining USS from 1 April next year will receive a pension based on their average career salary rather than final salary.

The Guardian

By providing a defined-benefit (DB) pension based on end-of-career earnings and years of service, employers pay for investment shortfalls and rising longevity.

The Economist

Expert writing Tips

Best practice

When discussing pension calculations, clearly define what constitutes the "pension base", specifying whether it includes salary, overtime, or other forms of compensation. Doing so will minimize potential confusion.

Common error

Avoid assuming the audience understands what factors compose the "pension base". Explicitly stating the elements factored into the calculation ensures clarity and avoids misinterpretations.

Linguistic Context

The phrase "pension base" primarily functions as a noun phrase. It serves to identify the foundational figure or metric upon which pension benefits are calculated. As stated in the data provided by Ludwig, the "pension base" is often directly linked to salary and can be affected by factors such as overtime payments.

Expression frequency: Rare

Frequent in

News & Media

33%

Science

33%

Academia

33%

Less common in

Wiki

0%

Encyclopedias

0%

Formal & Business

0%

Ludwig's WRAP-UP

The phrase "pension base" refers to the foundation on which pension benefits are calculated. As Ludwig AI highlights, it appears in news, scientific, and academic content. While grammatically correct, it's relatively rare and benefits from clear definition when used. Alternatives include "pension foundation", "retirement base", and "plan base". When writing about pensions, be sure to specify what the "pension base" includes to avoid confusion.

More alternative expressions

Phrases that express similar concepts, ordered by semantic similarity:

pension foundation

Replaces "base" with a synonym that emphasizes the underlying structure of the pension.

retirement base

Substitutes "pension" with "retirement" emphasizing the ultimate goal.

plan base

Replaces "pension" highlighting the financial plan itself.

pension support

Shifts the focus to the element that 'pension' needs.

payment base

Emphasizes the financial aspect of the pension.

fund base

Highlights the underlying fund that supports the pension.

insurance base

Relates to insurance contracts.

compensation base

Focuses on compensation used to calculate the pension.

employment base

Highlights the employment history connected with the pension.

benefit base

Emphasizes the benefits derived from the pension.

FAQs

What does "pension base" refer to?

The "pension base" refers to the foundation upon which pension calculations are made. It typically involves factors like salary and years of service.

What are some alternatives to "pension base"?

You can use alternatives like "pension foundation", "retirement base", or "plan base" depending on the specific context.

How is the "pension base" typically calculated?

The calculation of the "pension base" varies, but generally involves factors such as average earnings over a defined period, final salary, and contributions made by the employee and/or employer.

Why is understanding the "pension base" important?

Understanding the "pension base" is crucial for accurately estimating retirement income and making informed financial decisions.