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.
Segen's Medical Dictionary. © 2012 Farlex, Inc. All rights reserved.
References in periodicals archive ?
Since the SSO started collecting the old-age contribution portion on 31 December 1998, the old-age pension was paid out for the first time in 2014.
What do I have to do to receive my state old-age pension?
But Asquith and Lloyd George were engaging in battles beyond that over the financing of old-age pensions and the power of a hereditary and conservative upper house.
In Soviet Georgia the old-age pension system had been gradually developing as an integral part of the state welfare policy.
The state declares that old-age pensions have both an immediate objective--'to alleviate hardship among older people'--and a broader objective to help to tackle aggregate poverty, in that elderly pensioners support many other poor people in their households (Pakade 2006: 24-6).
For this alternative formulation of endogenous longevity, our principal results--that longevity may well be reduced by increases in old-age pensions and that old-age pensions reduce the equilibrium capital stock--continue to hold for most cases considered.
However, this chapter shows that incentives embedded in public old-age pension systems and other income support systems have encouraged early retirement, and that recent reforms have been insufficient to remove the bias against work at older ages.(1)
FDR's compulsory old-age pension program was nearly stricken from his grander "economic security bill" in the House Ways and Means Committee and again on the House floor, where an amendment to strike the program mustered a third of the votes cast.
How can I support myself without my husband's retirement and old-age pensions? My own retirement and old-age pensions aren't enough to maintain the standard of living we had together.
Social insurance old-age pensions and disability pensions should be reimbursed once the economic recession is over.
Government expenditure on old-age pensions (the state pension paid to those who have reached the statutory retirement age) exceeded all other kinds of pension expenditure, such as early-retirement benefits and partial pensions.
Prime Minister Andrius Kubilius says the government is "ready to commit" to increase old-age pensions after the current hard times, reports ELTA.