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 ?
The Government Pension Fund Global took the opportunity to buy-up stocks on the cheap in accord with conventional investor wisdom.
The Employees Retirement System of Texas can't confirm whether individual lawmakers elect to receive government pensions, but all state legislators are eligible - and it's an attractive package.
"If your [client's] monthly government pension is $1,200, two-thirds -- or $800 -- would be deducted from [his or her] Social Security spousal benefit," Roseman says.
Folketrygdfondet manages the Government Pension Fund Norway according to the mandate given by the Ministry of Finance.
The Norwegian Government Pension Fund-Global accounts for the bulk of all SWF investments committed to CEE, commanding over three-quarters of the pan-CEE total by investment value.
A council spokesman said: "It is important to be clear that, under the Local Government Pension Scheme Regulations, the council is statutorily required to participate in the West Midlands Pension Fund.
Based on the approval for payment of pensionary benefits to the erstwhile government employees absorbed in MTNL who have opted for combined pension in the same manner as in BSNL, necessary amendments in Rule 37-A of CCS (Pension) Rules, 1972 to include MTNL along with BSNL, will be issued and adjustments in respect of Government pension liability previously discharged by MTNL will be done within three months.
The need for clear funding guidelines is magnified by the continued call by some in Congress for federal oversight of state and local government pension funding and design decisions.
Please get your facts right, the average Local government pension is around pounds 7,800 per annum (pounds 2,800 if you are a woman) hardly gold plated by any standard.
The resulting pounds 1.3 billion deficit is part of a national local government pension deficits of pounds 54 billion, according to the taxpayer campaigners who studied audited accounts of every UK local authorit y.
Unison estimates the Local Government Pension Scheme (LGPS) costs the taxpayer just 5p in every pounds 1 paid in council Ta x.
A STRIKE by millions of workers protesting at Government pension reforms will be called in November, a union leader revealed yesterday.

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