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 classic literature ?
About the time of which we write the pension list had just been issued, and on it Rabourdin saw the name of an underling in office rated for a larger sum than the old colonels, maimed and wounded for their country.
The Pension Bertolini had decided, almost enthusiastically, that they would do.
Porthos left a pension to Aramis, who, if he should be inclined to ask too much, was checked by the example of D'Artagnan; and that word
The worn patches in the carpets, and the pallor of the drawing-room, where no chair or cover had been renewed for some years, were due not only to the miserable pension, but to the wear and tear of twelve children, eight of whom were sons.
Chaucer's wife, too, had a pension, so the poet was well off.
Soon after that his wife died, and with her life her pension ceased.
On himself, during his later years, he spent only a third part of his pension, giving away the rest to a small army of beneficiaries.
He begged his way to Paris, and while there made application at the War Office, not for the thousand francs of extra pension which had been promised to him, nor yet for the Cross of the Legion of Honor, but only for the bare pension due to him after twenty-two years of service, and I do not know how many campaigns.
Now that everyone has heard that Dounia is to marry Pyotr Petrovitch, my credit has suddenly improved and I know that Afanasy Ivanovitch will trust me now even to seventy-five roubles on the security of my pension, so that perhaps I shall be able to send you twenty-five or even thirty roubles.
pensions and profit-sharing and stock-bonus plans).
PBGC), a federal corporation created by the Employee Retirement Income Security Act (ERISA) of 1974, protects the pensions of 44.
Re-regulation won't save airline pensions, GAO says.