Dismiss someone from employment, typically because of age or ill health, and pay them a pension
he was pensioned off from the army at the end of the war
A boardinghouse in France and other European countries, providing full or partial board at a fixed rate
a regular payment to a person that is intended to allow them to subsist without working
grant a pension to
In general, a pension is an arrangement to provide people with an income when they are no longer earning a regular income from employment. Pensions should not be confused with severance pay; the former is paid in regular installments, while the latter is paid in one lump sum.
A pension is a family-owned guest house or boarding house. This term is used in Portugal, France, Spain, Italy and other Continental European countries, where one can usually get a room with a shared bathroom. ...
A regularly paid gratuity paid regularly as benefit due to a person in consideration of past services; notably to one retired from service, on account of retirement age, disability or similar cause; especially, a regular stipend paid by a government to retired public officers, disabled soldiers; ...
(PENSIONS) Programs to provide employees with retirement income after they meet minimum age and service requirements. Life insurers hold some of these funds. ...
(Pensions) If you are looking to open a Self Administered Pension Scheme deposit account, Irish Deposits can facilitate you in doing so with a variety of institutions.
(Pensions) Money which an individual invests to help support them after they have retired. A pension is basically a long term investment plan, where you save regular amounts or lump sums (called 'contributions') to build up a retirement fund. ...
(Pensions) Neal E. Cutler, Boettner Center of Financial Gerontology, University of Pennsylvania
(Pensions) Necessary, but not a good deal – especially for the businesses that will be required to fund them.
(Pensions) money paid to someone after they reach retirement age
Pensions are a form of life assurance. However, whilst basic life assurance, permanent health insurance and non-pensions annuity business includes an amount of mortality or morbidity risk for the insurer, for pensions there is a longevity risk.
Pensions are collective savings products designed to provide the fund participants with an income in retirement. Usually there are tax privileges attached to the contributions that are paid in by both participants and the fund income that accumulates. ...
Pensions are regulated, and most of those are available only to a person’s legal surviving spouse. Pension plans, however, are specific to individual companies, and policies are not consistent from one employers to the next. ...
A repayment vehicle associated with Interest Only mortgages.
To dream of drawing a pension, foretells that you will be aided in your labors by friends. To fail in your application for a pension, denotes that you will lose in an undertaking and suffer the loss of friendships.
A pension is 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.
A fixed sum of money regularly paid to a person.
A government-approved employee retirement plan.
An annual income, usually associated with the post-retirement period of one's life, but not necessarily so.
A series of periodic payments, usually for life, payable monthly or at other specified intervals. The term is frequently used to describe the part of a retirement allowance financed by employer contributions. Compare with "annuity".
An allowance made to any one without an equivalent. In England it is generally understood to mean pay given to a state hireling for treason to his country.
Income paid to a person who has retired for the remainder of their life.
A pension payable under the Scheme's rules.
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.