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 ?
Sir Mark Weinberg, Chairman of Pension Corporation, commented:
On June 1, 2006, Pension (a qualified trust under Sec.
For 2006 and 2007, the interest rate used to value pension liabilities can be based on investment-grade corporate bonds.
Coupled with rising retirement rates and growing pension benefits, the resulting squeeze could leave dozens of pension funds without enough money for payouts.
Eckler Partners recommended that the pensions committee, the national church group that oversees operations of the pension office, based in Toronto, consider further increasing the employer contribution rate in 2007.
The perfect storm of falling stock values, lower interest rates, and increased life expectancy resulted in large deficits in many UK pension plans--proportionately more damaging than the United States.
I would now like to respond to the subcommittee's request for an overview of the Federal Reserve Retirement Plan and information on the management of pension plan assets.
Goodwin's third and most innovative argument pertains to the centrality of wage-earning in mothers' pension policy.
Last year, for instance, pension checks for retired federal workers and military personnel ate up $65 billion.
As part of the sale, FFMC will assume the pension liability.
However, $160 Billion in Deferred Pension Costs Must Still Be Recognized on Corporate Balance Sheets