Income received upon retirement. There are two basic types of pension benefit: a defined-benefit plan
Money paid to a retired or widowed person. State pensions in the UK start at age 60 for women and 65 for men.
Example: Each week when Gerard got his pension he would buy sweets for his grandchildren.
See also: pensioners. pensionersFound on [Noun] People who get a pension - a sum of money paid to a retired o
A regular income paid to a person after they have retired. Also used to describe a plan or scheme that is set up to provide a pension or other retirement benefits.
Found on http://www.encyclo.co.uk/local/20174
An annual income, usually associated with the period after retirement, but not necessarily so. A pension fund is a general term used to describe an investment fund built up during working life and used at retirement to purchase an annuity to provide a continuing income.
Found on http://www.encyclo.co.uk/local/20185
- a regular payment to a person that iis intended to allow them to subsist without working 2. [v] - grant a pension toFound on http://www.webdictionary.co.uk/definition.php?query=pension
A regular payment made to a person who has retired or has passed retirement age.Found on http://www.encyclo.co.uk/local/20416
Organized form of saving for retirement. Pension schemes, which may be government-run or privately administered, involve regular payment for a qualifying period; when the person retires, a payment...Found on http://www.encyclo.co.uk/local/20688
A regular payment received by an individual during their retirement until they die. Also known as an annuity. It is usually bought through payment of regular contributions during the individual's working lifetimeFound on http://www.aviva.com/glossary/
A pension is a regular payment to you from a pension scheme once you have retired or have reached an age when you are entitled to draw that pension. Found on http://www.encyclo.co.uk/local/20949
A pension is a regular payment to you from a pension scheme once you have retired or have reached an age when you are entitled to draw that pension.Found on http://www.digita.com/payrollcentral/home/reference/glossary/glossaryp/defa
Pen'sion noun [ French, from Latin pensio a paying, payment, from pendere , pensum , to weight, to pay; akin to pend...re to hang. See Pendant , and confer Spend .] 1. A payment; a tribute; something paid or given. [ Obsolete] « The stomach's Found on http://www.encyclo.co.uk/webster/P/47
Pen'sion transitive verb [ imperfect & past participle Pensioned ; present participle & verbal noun Pensioning .] To grant a pension to; to pay a regular stipend to; in consideration of service already performed; -- sometimes followed by Found on http://www.encyclo.co.uk/webster/P/47
1. A payment; a tribute; something paid or given. 'The stomach's pension, and the time's expense.' (Sylvester) ... 2. A stated allowance to a person in consideration of past services; payment made to one retired from service, on account of age, disability, or other cause; especially, a regular stipend paid by a government to retired public officers...Found on http://www.encyclo.co.uk/local/20973
a regular payment to a person that is intended to allow them to subsist without workingFound on http://wordnetweb.princeton.edu/perl/webwn?s=pension
• (n.) A certain sum of money paid to a clergyman in lieu of tithes. • (v. t.) To grant a pension to; to pay a regular stipend to; in consideration of service already performed; -- sometimes followed by off; as, to pension off a servant. • (n.) A stated allowance to a person in consideration of past services; payment made to one reti...Found on http://thinkexist.com/dictionary/meaning/pension/
series of periodic money payments made to a person who retires from employment because of age, disability, or the completion of an agreed span of ... [16 related articles]Found on http://www.britannica.com/eb/a-z/p/40
- Retirement plan offered by an employer for the benefit of an employee, usually at retirement, through a TRUSTEE who controls the plan ASSETS. (See EMPLOYEE BENEFIT PLAN.)Found on http://www.nysscpa.org/prof_library/guide.htm
pension, periodic payments to one who has retired from work because of age or disability. Pensions, originally thought of as charity, are now viewed as an essential part of the social responsibility of employers or of the state. In the Roman Empire there was a well-established pension system to care...Found on http://www.infoplease.com/ce6/bus/A0838196.html
Tax-exempt fund that individuals contribute to, on a regular basis, that proves an income source after retirementFound on http://www.encyclo.co.uk/local/21213
Organized form of saving for retirement. Pension schemes, which may be government-run or privately administered, involve regular payment for a qualifying period; when the person retires, a payment is made each week or month from the invested pension fund. Pension funds have become influential investors in major industries; 44% of UK...Found on http://www.talktalk.co.uk/reference/encyclopaedia/hutchinson/m0024084.html
A pension (pron) is a type of guest house or boarding house. This term is typically used in Continental European countries, in areas of North Africa and the Middle East that formerly had large European expatriate populations, and in some parts of South America such as Brazil and Paraguay. Pensions can also be found in South Korea ...Found on http://en.wikipedia.org/wiki/Pension_(lodging)
A pension is a fixed sum to be paid regularly to a person, typically following retirement from service. There are many different types of pensions, including defined benefit plans, defined contribution plans, as well as several others. Pensions should not be confused with severance pay; the former is paid in regular installments, while the latter ...Found on http://en.wikipedia.org/wiki/Pension
A pension is an employer plan thatFound on http://www.superglossary.com/Glossary/Business/Taxes/
A retirement fund for employees paid for or contributed to by some employers as part of a package of compensation for the employees' work. Pensions became widespread during the Second World War, when they were commonly used as lures because there were more jobs than workers.Found on http://www.nolo.com/dictionary/pension-term.html
A private or government fund from which regular payments are made to a person who has retired from work, or who is considered too ill to carry on workingFound on http://www.encyclo.co.uk/local/22643
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