pension
pen·sion (pen′s̸hən; for n. 3, Fr pän syōn′)
noun
- a payment, not wages, made regularly to a person (or to his family) who has fulfilled certain conditions of service, reached a certain age, etc. a soldier's pension, an old-age pension
- a regular payment, not a fee, given to an artist, etc. by a patron; subsidy
- in France and other continental countries
- a boardinghouse
- room and board
Etymology: ME pensioun < MFr < L pensio, a paying < pp. of pendere, to weigh, pay, hang: see pendant
transitive verb
to grant a pension to
pension off
to dismiss from service with a pension
pension
n.
Possessives
- spouse: If you marry after leaving the LGPS your spouse's long-term pension will normally be less than the amount shown on your statement.
Converse of object
- accrue: Members who expect to accrue enough pension to take them above the lifetime allowance in the future might also need to register certain rights.
Adjective modifier
- occupational: At present, he has an occupational pension with his employer, which contributes 15 per cent of basic salary.
- basic: A basic state pension of at least £ 105 a week which is paid to people at 65.
- deferred: If you don't want to transfer your benefits, you can leave them in USS ( this is called a deferred pension ).
- contributory: For most countries the main benefit for pensioners is the contributory social security pension.
- self-invested: It may be that now is the time to be moving your policies into a SIPP ( self-invested personal pension ).
- funded: Funded pensions, a great British success story, are now in headlong retreat.
Modifies a noun
- scheme: Pension scheme funding - should you stick or twist?
- fund: Pension funds are also a good source from which to invest in a number of areas, for example property purchase.
- contribution: Employer's scheme pension contribution 15 per cent of basic salary.
- crisis: Today's pension crisis is the equivalent of the perfect storm.
- entitlement: Almost 1.5 million women across the UK are excluded from pension entitlements.
- sharing: The provision in the Rules for pension sharing on divorce is also extended to former civil partners.
Noun used with modifier
- stakeholder: You can contribute to a ' stakeholder pension ' provided you earn less than £ 30,000 a year.
- retirement: Indeed by 2000-01, 36 % or £ 34 billion of the total Social Security payments will be needed to pay retirement pensions.
- salary: We are in the process of negotiating changes to a number of final salary pension schemes in order to keep them open.
- state: State pensions are financed from the taxation of today's workers.
- ill-health: There are no provisions in the regulations to review an ill-health pension in payment in the light of later medical evidence.
- widow: She worked tirelessly for naval wives and families and was instrumental in getting widows pensions introduced in 1894.
It ought to be quite as natural and straightforward a matter for a labourer to take his pension from his parish, because he has deserved well of his parish, as for a man in higher rank to take his pension from his country, because he has deserved well of his country.
I have considered the pension list of the republic a roll of honour.
Pension. Pay given to state hireling for treason to his country.
Browse dictionary entries near pension
- pensile
- Pensacola
- pensée
- penology
- Penobscot
- pennyworth
- pennywort
- pennywhistle
- pennyweight
- pennyroyal
- Pension Benefit Guaranty Corp.
- pension fund
- pension reversion
- pensionary
- pensione
- pensioner
- pensive
- penstemon
- penstock
- pent
