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 ?
As Director of Private Pensions, Caroline had regular dealings with TPO and is also familiar with the other pensions arms length bodies with which TPO has regular dealings.
Life insurance services are the first step in creating private pension funds."
Boynton is a member of the Chamber's Private Pension Plans Committee.
If the money contributed to the private pension funds shrinks, the size of pensions of these funds' contributors will be brought into question because the state-run fund will give them only 30 percent.
In the same financial year, those with a private pension had average original incomes around 14 times higher than those who did not - at PS19,000 compared with PS1,300 respectively.
By 2016, retired households receiving a private pension had disposable income that was 1.6 times higher than households that were not.
Private pension funds have more than 18,000 participants, and nearly 60 per cent of their assets are invested in the equity market.
Private pension funds have more than 18,000 participants, and nearly 60 percent of their assets are invested in the equity market.

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