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 ?
With so many variables and things to think about, a financial adviser is best qualified to tell you it is worth deferring your state pension, private pension or both - the best decision will also depend on your state of health and other income.
Is the current amount in my private pension pot safe or at risk from stock market crashes or other losses?
The updated study includes both a mortality table (RP-2014) that details actual death rates observed by private pension plans, and an improvement scale (MP-2014).
The political opposition accused the government of confiscating the private pension funds to help service the national debt of some $150bn.
It is also possible that his private pension will come to light or he may include it on a subsequent form.
Fidelity also said that Britain, which once had the best-funded private pension schemes in Europe, now lags behind other countries.
In the early 1990s, the irresponsible mis-selling of pensions led many people to opt out of their existing occupational schemes and set up private pensions instead.
Just how serious is the situation facing private pension plans?
One of the drivers behind the success of Chile's stock market has been the presence of the six private pension funds, known as AFPs, which manage $50 billion, far more on a per-capita basis than pension funds in the rest of the region.
But more often they have to keep working because they have not made much in the way of a private pension provision.
In an effort to improve companies' social and environmental practices while also maximizing long-term revenues, many public and private pension funds are discovering the benefits of investing in a sustainable future.
The collapse of the Enron Corporation and the resulting loss of employee retirement savings highlighted several key vulnerabilities in the nation's private pension system.

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