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A comment on Being a good guy boss left me £1.2m in debt. Parent comment

Re:Being a good guy boss left me £1.2m in debt by canada_dry on Thursday November 07, 2019 @03:10PM (#21476829)
I'm assuming that the 'Plumbing Pensions scheme' is a defined benefit plan - vs. defined contribution.

Otherwise, this absolutely makes no sense.

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Re:Being a good guy boss left me £1.2m in debt by twic on Thursday November 07, 2019 @05:34PM (#21478023)
Seems so (my emphasis):

> The Plumbing and Mechanical Services (UK) Industry Pension Scheme was set up in 1975 with the aim of providing pension benefits for all employees of firms engaged in the Industry in the United Kingdom. The Scheme offered deferred benefits based on career average earnings.

https://www.plumbingpensions.co.uk/about-us/about-us/

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