pension

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pension

(1) A regular payment plan intended to provide a person who retired from a job with a secure income for life.
(2) A monthly payment from a pension.
References in periodicals archive ?
If the money contributed to the private pension funds shrinks, the size of pensions of these funds' contributors will be brought into question because the state-run fund will give them only 30 percent.
The average disposable income of households with private pension income has grown from PS2,300 in 1977 to PS27,800 in 2016.
This is due to both an increase in the proportion of households receiving private pension income and increases in the amounts they receive.
Many in their fifties may have combined private pension assets worth more than 120,000.
There are three ways that GCC governments can help bring to life robust public and private pension systems.
But on a deeper level, this step is a harbinger of the ultimate demise of a private pension system that has outlived its usefulness to the business community.
The government is to estimate the contribution of individuals to their private pension plans -- know as Bireysel Emeklilik Sistemi (BES) -- and match 25 percent of the total payments made by each person.
According to the Austrian bank, Turkish private pensions are expected to invest in stocks this year as new government incentives and low interest rates are expected to reduce the appeal of fixed-income securities.
Halyk Bank AO (LON:HSBK)A will be offered to sell its private pension fund for stock in government-run Bank BTA JSC (PINK:BTABY), which also controls private fund Ular-Umit, Kelimbetov told the agency.
5 March 2013 - Kazakhstan is targeting nationalisation of the three biggest local private pension funds this year, for which it will pay with stock in domestic lenders, Kazakah deputy prime minister Kairat Kelimbetov told Reuters today.
The private pension fund (Fully Funded System) in Chile is a system that has been reproduced in several countries in Latin America as well as some Western European countries.
Across Britain, 64% of people were not paying into a private pension, while 42% of adults had no private pension savings at all.

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