Yes they do - a final salary scheme with a choice of accrual rates.

If no changes are introduced to the current final salary scheme, they would receive £19,100.

That's why we should all mourn the demise of the final salary scheme.

Final salary schemes would go and be replaced by a system based on "career averages".

Under the current final salary scheme, they would receive £19,100.

It means the price of a guaranteed final salary scheme is a hefty pay cut.

Many private sector staff are still members of final salary schemes, but they tend to be older employees.

Lucrative final salary schemes were closed to more workers this year as companies looked to cut their costs amid the recession.

But companies are closing their final salary schemes to existing members.

Final salary schemes give workers pensions based on their earnings.