A certain sum of money paid to a clergyman in lieu of tithes.
To grant a pension to; to pay a regular stipend to; in consideration of service already performed; -- sometimes followed by off; as, to pension off a servant.
A regular periodic payment to a person, either by the Government (ie. social security) or as a superannuation benefit.
a regular sum of money paid to a retired worker in return for past services or contributions.
A personal pension is a plan with a special tax advantages, designed specifically to enable you and, if applicable, your employer, to save for your retirement. The contributions that you make to your personal pension receive a tax credit of 28%, paid directly by the UK Inland Revenue.
A life income payable to a person who has retired.----------[ Back
If you wish to have a greater income than the state minimum pension, and you are an expatriate, then you live to build up a retirement fund from which to draw money, whether it be from something called a 'pension plan' or from managing your own portfolio to create a lump sum. There are many expatriate 'off-shore pension plans' but none can match their UK onshore counterparts which enjoy very substantial tax benefits both on contributions and payouts, and government incentives. The offshore plans are generally life insurance-linked and can offer tax-free growth within a portfolio as long as it remains offshore.
A lifetime semi-monthly income paid by your pension plan.
Annuity payable on a regular basis (normally to a retired person).
An income paid by an employer and/or the government (say, Social Security) to a worker who has retired because of age or disability.
An annual income, usually associated with the post-retirement period of one's life, but not necessarily so.
( more) - A regular payment made to a person of a certain age. Payments may be made by the state, previous employers or by provision of a private fund set up by the person in question.
A way to accumulate savings for retirement. Premiums into a pension fund receive tax relief, capital gains and income roll up tax free within the fund, and a proportion of the eventual payout (when the investor reaches the age of 50 or retirement) can be taken tax free. The remainder must be used to buy an annuity to provide income for the rest of the investor's life. Many employers run pension schemes for their employees, but those who are not eligible or who are self-employed can buy personal pensions from insurance companies.
payment, not wages, made regularly to a person (or to their family) who has fulfilled certain conditions of service, reached a certain age, etc.
A long term support payment lasting for a person's lifetime or until they become ineligible eg: single parent whose child turns 16.• Child Maintenance/Child Support• De Facto Relationships• Divorce• Separation• Social Security• Spousal Maintenance
A sum of money paid regularly usually as a retirement benefit.
Retirement plan offered by an employer for the benefit of an employee, usually at retirement, through a trustee who controls the plan assets. (See Employee Benefit Plan.)
A regular income payable for life.
Retirement fund for employees paid for or contributed to by some employers as part of a package of compensation for the employees' work.
A retirement annuity. The monthly income that is paid to a plan participant (and, often, to a spouse) for the rest of his or her life, after reaching a certain retirement age.
A pension is money that your employer gives you when you retire. The pension system is growing less and less common in the twenty-first century.
A stream of defined retirement payments made periodically over a specified period from an employer-funded plan to workers.
The old-fashioned retirement plan, increasingly replaced by defined contribution plans like 401(k) plans. Under this type of plan, an employee would stay with a company for decades, and upon retirement begin to receive a steady retirement paycheck based on their length of service.
a regular payment to a person that iis intended to allow them to subsist without working
a guaranteed income stream
a guarantee of a lifetime income
a monetary benefit to an employee or beneficiary at the time of retirement
an arrangement in which an employee receives income after retirement from an employer (for example an organization, a government agency or a labor union)
a part of total remuneration since an employer usually pays a contribution to it and employees derive benefit from it
a payment made to a person who is retired and deriving benefits under a specific contract
a promise to pay benefits in the future
a qualified retirement plan
a regular payment made to a person that allows them to subsist without requiring them to work
a regular payment, normally made to you once you give up working for a particular employer
a retirement benefit that is paid periodically, and a lump sum is paid all at one time
a steady income paid to a person (usually after retirement)
a tax-efficient means of providing for an income in retirement
a way of saving for retirement and the money, once invested, cannot be accessed in the short term
a way of saving money to ensure a comfortable retirement
A sum of money given to people after they retire from service at any profession
A regular payment made to a person from a superannuation fund or from the Department of Social Security or Department of Veterans Affairs.
Fund set up by a corporation, labor union, governmental entity, or other organization to pay the pension benefits of retired workers. Pension funds invest billions of dollars annually in the stock and bond markets, and are therefore a major factor in the supply-demand balance of the markets.
Payments made by government to citizens usually as retirement benefits.
Regular payments from a pension scheme run by the State, a former employer or private pension company, normally payable for life.
Money paid regularly to an individual for past service.
An income paid to someone who has retired from work.
A tax-efficient savings plan designed to provide the holder with an income after retirement. The term is also often used to describe the income paid to someone when they reach their retirement age or date set by the state and/or a pension provider and/or their former employer(s).
Where a company matches a deduction taken from your pay check in order to fund a savings plan for your retirement years. A popular and until recently an indispensable component of any employment package, manhy pension plans today are negotiable parts of an employee's benefit package.
A fixed sum paid regularly to a person or surviving dependant following his or her retirement. There are both public (Canada Pension Plan) and private (from one's own employer) pensions. Some provinces consider a pension that is not yet being paid at the time of marriage breakdown to be property that must be divided.
The benefit paid to a person from a retirement plan.
An employment-based retirement savings plan that pays benefits to workers at retirement. There are two general types of pensions: defined benefit and defined contribution.
Payment of twelve equal monthly installments for the member's lifetime (See Annuity)
Monthly benefit paid to a retiree for life.
A regular income you receive when you retire from either the government or a pension provider
It is possible to use all or some of the proceeds from a personal pension plan to pay off an interest-only mortgage as long as separate life assurance policy is obtained.
A group savings plan that has the exclusive purpose of providing a secure retirement income for those who leave the work force because of age.
Money paid regularly to an individual, especially by a government as a reward for military service during wartime or upon retirement from government service.
Payments made periodically of (generally) a definite amount for a specified period (usually life) from an employer-funded plan to workers who have met the stated requirements. Its primary purpose is to provide retirement income.
A pension is a type of income you might receive in retirement, and may involve putting your super into a product such as Retirement Income, where you would receive a regular payment to live off.
A regular payment made to people above a certain age.
Arrangement whereby an employer agrees to provide benefits to retired employees. - A pension is paid out in a series of regular payments or a lump sum of money to retired employees or their beneficiaries.
Money you get at retirement either from a personal plan or the government.
A regular periodic payment to a person from a superannuation fund. The person invests or accumulates a lump sum in the super fund, and receives income payments in return.
Payments by a company to an employee who retires, usually based on how much the employee earned and how long he or she worked at the company.
a benefit paid regularly to a person for military service or a military service related disability.
An obligation to pay retired employees as compensation for service performed while employed.
An income paid out after someone retires. The government gives tax relief on money paid into a scheme designed to provide a pension. A pension is a 'locked box' form of savings because you cannot spend any money in the fund until you have reached the minimum age (often 50). You can often take part of the proceeds as a cash lump sum but the rest must be taken as income. There are different types of pension schemes: occupational; Stakeholder; State; personal.
A tax efficient, long term savings contract designed to fund for retirement. At maturity a portion of the accumulated fund may be used as a repayment vehicle for Interest Only Mortgages..
This is a pension benefit that is in payment.
A lifetime monthly income benefit payable to a person upon his or her retirement.
A lifetime monthly income benefit paid to an individual who has retired.
A periodic payment provided to a person in accordance with the rules of a pension plan.
A continuing income that is usually associated with the post-retirement period of a person's life.
A periodic or lump sum payment to a person following retirement from employment or to serving dependants of a deceased former employee.
A fixed sum of money that is paid to a person who has retired and is entitled to receive the benefit under the pension plan.
A fixed sum paid regularly to a retired person or his/her family
When you get a job, some employers offer benefits that pay you a monthly income after you retire. The amount of money you receive after retirement will be based on how many years you have worked for that company and the amount and term of contributions you make to the plan on an annual basis to a pension plan administered by or for the company. Many but not all plans have both employer and employee contributions. Most have a maximum annual contribution deducted from your pay cheque. These private pension plans are in addition to the publicly-run Canada Pension Plan.
Fixed sum of money paid at regular intervals by the government or a former employer to an individual (or an individual's surviving dependents) upon retirement from service.
A regular payment to a former employee or the like.
A regular annuity payment, generally after retirement, to a person that is intended to allow him to subsist without working.
A series of monthly benefits payable to ASRS retired members for life.
A type of savings scheme that you and your employer or just your employer contributes to during your working life. Upon retirement you are entitled to draw the money in the scheme either in a lump sum or annually.
A portion of your monthly retirement allowance that is the difference between the total retirement allowance and the amount provided by employee contributions
a regular payment made to a retired or disabled employee, usually from a fund that the employer and employee have contributed to in prior years
A continuing income associated with post-retirement, for the duration of ones lifetime.
An arrangement where payments are made to qualified workers from an employee-funded plan for a specified period.
A regular, periodic payment to an individual, made by either the Government or a superannuation fund.
a regular payment made by the government to deserving people (for example, the elderly, sick, or poor)
A pension is a regular payment to you from a pension scheme once you have retired or have reached an age when you are entitled to draw that pension.
IRA - Pensions and Individual Retirement Annuities (IRA) are popular forms of annuities. Basically, you invest your money to be withdrawn later at retirement. As with all annuities, they are not taxed until withdrawn. You may receive your payment in either cash or other means as well.
A government-approved employee retirement plan.
Income received upon retirement. There are two basic types of pension benefit: a defined-benefit plan and a defined-contribution plan. A defined-benefit plan is a traditional pension plan usually paid for by your employer. Upon retirement, you receive a fixed monthly check based on your age, salary and length of service. A defined-contribution plan puts the onus on you to contribute a percentage of your current income to the plan, whereupon your employer may match part or all of your contribution — the combined sum to be received upon your retirement. The typical defined-contribution plan is a 401(k) or 403(b) plan.
Post-retirement benefits that an employee receives from his/her employerâ€(tm)s retirement plan.
a regular income stream paid to an individual, either by the Government (such as an Age Pension) or from a superannuation benefit.
A pension is an income paid to someone who has retired, normally to replace income that had previously been received because of work.
A regular income paid to a person after they have retired.
A fixed sum of money regularly paid to a person.
An employer-provided qualified retirement plan. Examples of pension plans include defined benefit plans, profit sharing plans, bonus plans, employee stock ownership plans (ESOPs), thrift plans, target benefit plans, and money purchase plans.
Money you get after you retire, usually either from the government or your previous employer/s.
A lifetime monthly income paid to a person who has retired.
A pension is a regular income stream paid from a superannuation fund. The way in which these pensions are paid out is dependant on what type of pension it is. For example, a pension may pay the holder an income stream for the rest of the holder's lifetime or it may only pay an income stream until the money runs out.
A pension is a steady income given to a person (usually after retirement). Pensions are typically payments made in the form of a guaranteed annuity to a retired or disabled employee. Some retirement plan (or superannuation) designs accumulate a cash balance (through a variety of mechanisms) that a retiree can draw upon at retirement, rather than promising annuity payments.