And the pension benefit is 80% of pre-retirement salary.

养老金收益是退休前工资的80%。

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Final-salary, or defined-benefit (DB), schemes are in place for long-serving workers.

最终薪金或确定给付计划是为长期服务的工人制定的。

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Private-sector companies have been abandoning their commitment to defined-benefit (DB) pension schemes, in which employees receive an income based on their final salary.

私营部门公司正在放弃他们对于固定收益养老金计划(DB)的承诺，在该方案中雇员根据其退休时的薪资标准获得收入。

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Public schools are under assault by the forces of privatization, and public school teachers face benefit and salary cuts while the very rich are promised tax cuts.

FORBES: Michigan Emergency Manager Robert Bobb Issues Layoff Notice to All Detroit Public School Teachers

The conventional wisdom is that salary caps benefit poorer teams.

FORBES: Salary Caps Have Widened The Money Gap In Pro Sports

Attorney Guy Neal, who represents creditors, spent a good deal of his trial time showing that for years Stockton had granted bloated labor contracts and benefits, and then allowed employees to boost their retirement benefits further by cashing out vacation time and sick leave in their last year of employment, thus raising their benchmark annual salary for retirement benefit purposes.

NPR: Stockton Bankruptcy Decision Only The Beginning