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 ?
1986) (holding military retired pay not divisible as marital property when the member had not served twenty years at the time of the divorce because the military pension had not vested.
Starting from the 1July, military pensions increased by 10% without a minimum or maximum pension rate, reported state-run Al-Ahram.
The Council also discussed the investment plans related to the management and investment of the money of the military pension fund, in addition to reviewing its general policy in terms of adoption of the estimated budget of revenues and expenses for the years 2013 and 2014, and the preparation of reports on the activities of the Fund, its workflow and what has been achieved.
He apprised the members of the committee that in India, the payment of military pension is made from the civilian budget, however, if the government decides to change the current policy, it will be implemented accordingly.
He was eligible for a military pension that he never applied for, which might have provided him with a modest apartment.
Mr Langham, who served between 1972 and 1979, said he only found he couldn't claim a military pension for his service because he left before the age of 26.
Malcolm Smith, 81, from Carlisle Street, Splott, Cardiff, was given 12 months conditional discharge after failing to disclose details of his military pension to social security officers.
The review of military pension schemes began in 1998.
Chris Garcia, a semiretired veteran of the Korean and Vietnam Wars, came with grievances about how his military pension and disability benefits are being handled.
For more information on this military pension benefit and elder services it can help finance, check out these links:
46 billion statewide in Social Security, veterans' disability and military pension benefits.
Brigadier Khalid Mohammed Al Mannai, General Manager of the Military Pension Fund, noted that instructions by His Excellency Marshal Shaikh Khalifa bin Ahmed Al Khalifa, Commander in Chief of the Bahrain Defense Force and Chairman of the Military Retirement Council, along wtih members of the Council, stipulated that retirement funds for military personnel and their beneficiaries be protected and invested in the most appropriate way so that the fund can meet its future commitments.

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