Pensions


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Related to Pensions: state pensions

Pension

A retirement plan in which an employer makes a contribution into an account each month. The contributions are invested on behalf of an employee, who may begin to make withdrawals after retirement. Typically, pensions are tax-deferred, meaning that the employee does not pay taxes on the funds in the pension until he/she begins making withdrawals. Pensions may have defined contributions, defined benefits, or both. See also: 401(k), IRA.

Pensions

A pension is a definitely determinable series of payments received from an employer-provided plan after the employee retires.
References in periodicals archive ?
Pension recipients and providers would benefit greatly from a single, integrated pension market throughout Europe, a trade group reported.
In particular, it would clearly not do simply to compel workers to provide for their own retirement; funded pensions that actually belonged to the workers would not inspire the proper feelings of dependency and subservience.
While the jockeying continues for the top spot in pensions, the fight on the local level is all about returns.
In this case, because of the way the pensions are calculated, the sum of those pensions would usually be less than a single FERS pension that gave credit for all of the individual's federal government service.
Where most previous scholars have examined the motivations, ideology, and political organization that made possible the enactment of mothers' pensions laws in the 1910s, Gender and the Politics of Welfare Reform is the first monograph to analyze their implementation at the local level.
retirement system can be averted if we streamline regulations, fund pensions fully, and increase saving.
Many federal employees--and some state and local workers--are treated to pensions far more lavish than those of their counterparts in the private sector.
Thankfully, strong equity returns and a modest increase in interest rates in 2006 led to much better fiscal health for pensions compared with the end of 2005.
Many believe the pending accounting reform of pensions and other postemployment benefits (OPEB) will be bad for all corporate plan sponsors, will contribute to a decline in the stock price of sponsors with substantial liabilities and will ultimately increase the number of plans that freeze and terminate.
As concern grows throughout California about the bills for public retirees' pensions and benefits, the state Legislative Analyst's Office is researching what the total tab will be, officials said Monday.
The new State Pension system will make State Pensions less complicated in the future.