What Is the Dictionary Definition of Pension

These sample sentences are automatically selected from various online information sources to reflect the current use of the word “pension”. The opinions expressed in the examples do not represent the opinion of Merriam-Webster or its editors. Send us your feedback. The amount of any increase in pension costs caused by the pandemic will not be known until later this year, when the actuaries of both funds release their reports and set contribution rates for 2021. Everyone in retirement has studied something; We avoided the American Church and the American Consulate and even Baroness L. See the full definition of boarding in the dictionary of English language learners This loyal Irishman was then receiving a pension of four shillings a day. Some initially feared that pension funds would suffer losses of a magnitude similar to that of the Great Recession, but by the end of the year, pension funds had not suffered losses of this magnitude. He reduced the bank`s workforce to about 10,000 people by offering extended severance pay or early retirement arrangements to thousands of workers, and reducing the bank`s physical footprint by closing or merging dozens of physical branches. Middle English, Anglo-French, Latin pension-, pensio, pendere to pay more to pendant an occupational pension (= provided by your employer) The pension funds of workers in the city and county suffered hard blows when the pandemic hit in March. Nglish: Translation of the pension for Spanish speakers The pension fund, according to the union, was the victim of a “Wall Street coup”. It is important to make regular pension contributions. Sylvie Delacroix and Neil Lawrence, who pioneered this bottom-up approach, compare data trusts to pension funds and argue that they should be strictly regulated and able to provide different services to certain groups.

Payments made to a retiree either by the government or by a former employer. Join our community to access the latest language learning and assessment tips from Oxford University Press! Find the answers online with Practical English Usage, your essential guide to English language problems. Find out which words work together and create more natural English with the Oxford Collocations Dictionary app…