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 ?
Table 4 reports averages for several variables for those individuals who were offered an occupational pension by their employer.
CEIOPS is composed of high level representatives from the insurance and occupational pensions supervisory authorities of Member States of the European Union.
There are two different types of occupational pension scheme - defined benefit, which is commonly know as final salary, and defined contribution, which is commonly known as money purchase.
Tony Blair yesterday mounted a powerful defence of the Chancellor as Gordon Brown prepared to face a Commons vote of no confidence over his record on occupational pensions.
What Jack Straw did not tell the former ASW workers is that this Labour Government has stolen more than pounds 100bn from occupational pension schemes like ASW since 1997 and that is fact and was one of the main reasons so many people lost their so-called guaranteed pensions.
And on the current rates, these crucial workers could only expect an occupational pension of around pounds 6, 000 a year - even after 40 years' service.
Ministers are looking at paying compensation to people whose occupational pension schemes have collapsed.
The TUC said fewer than one in four young men and one in three young women were in occupational pension schemes.
They are people who have worked and paid into an occupational pension scheme.
The fourth quarter saw us lay the foundations for growth on a broader front by offering customers a PPM (Premium Pension Authority pension) service and by becoming one of the selectable options for the SAF-LO collective agreement-based occupational pension plans, which affect 2.
This Directive complements the protection of state pension rights by ensuring that occupational pension rights are guaranteed after a limited period and that they are preserved when people move to another Member State.
About half of them are in "good" occupational pension schemes of which about half are public sector employees (civil service).

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