As supers take over, the provision for old folks' incomes will be almost entirely based on defined contributions, not defined benefits.

由于养老基金将负责支出这部分开支，老年人群将从中获取保障，此项养老基金将取决于个人历史贡 献，而不是直接界定收益。

It is something known as a defined benefit plan or pension.

这就是所谓的固定收益计划或养老金。

Actuarial gain on defined benefit pensions: $3.1 million.

养老金固定收益所得 310万。

Company boards were horrified by both the magnitude and volatility of liabilities, and so they rushed to close down these defined benefit schemes.

公司董事会对负债的规模和波动性感到震惊，因此他们急于关闭这些固定收益计划。

And a reminder for those that are members of a defined benefit pension, they shouldn't have to worry about the internal investment strategies of those schemes because they are entitled to their benefits.

提醒那些固定收益养老金的成员，他们不必担心这些计划的内部投资策略， 因为他们有权享受他们的福利。

Pension funds, particularly defined benefit pension funds, tend to buy gilts because they can use the regular stream of interest payments that they receive in order to pay out the pensions to their pensioners.

养老基金，尤其是固定收益养老基金，倾向于购买金边债券， 因为它们可以使用收到的定期利息支付来向养老金领取者支付养老金。

And this all goes back to the introduction of a new accounting standard in the year 2000. And it required companies to calculate the surplus or deficit on their defined benefit pension schemes each year.

这一切都可以追溯到 2000 年引入的新会计准则。 它要求公司每年计算其固定收益养老金计划的盈余或赤字。

A defined benefit pension is based on your final or average salary, and when you retire, it will pay you a fixed income, and it will pay you that until the day you die.

固定收益养老金是根据你的最终或平均工资计算的，当你退休时， 它会支付给你固定的收入，并且会一直支付到你去世的那一天。

Gilts tend to be a bigger feature of the more old-fashioned and generous sorts of pension, sometimes described as final salary or defined benefit pensions, although younger listeners are perhaps less likely to have one.

金边养老金往往是更老式和更慷慨的养老金的一个更大的特征，有时被称为最终工资或固定收益养老金，尽管年轻的听众可能不太可能拥有这种养老金。