What's the difference between actuary and pension?

Actuary


Definition:

  • (n.) A registrar or clerk; -- used originally in courts of civil law jurisdiction, but in Europe used for a clerk or registrar generally.
  • (n.) The computing official of an insurance company; one whose profession it is to calculate for insurance companies the risks and premiums for life, fire, and other insurances.

Example Sentences:

  • (1) The actuarial 5-year disease-free survival rates were 83% (group 1), 83% (group 2), and 100% (group 3).
  • (2) This activity scheme uses as its base, dose potency measured as TD50, the chronic dose rate that actuarially halves the adjusted percentage of tumor-free animals at the end of the study (Gold et al., Environ.
  • (3) The actuarial 4-year rate of continuous disease control above the clavicles was 78% for Stage II.
  • (4) T1 and T2 cases, with an actuarial survival of 44% at five years, had a significantly better prognosis than T3 cases (31%) and T4 cases (10%).
  • (5) Five-year actuarial survival rates were 67%, 60%, and 38%, respectively.
  • (6) A second device was implanted in 41 patients with residual flow, and 37 of these had complete occlusion, giving an overall latest follow-up occlusion rate of 77% and an actuarial complete occlusion rate for one or two devices of 94.8% (95% Cl 92.9 to 96.7) at 30 months after implantation of the first device.
  • (7) The five- and ten-year actuarial survival of all patients was 50% and 46%, respectively.
  • (8) The marked improvement during recent years in prognosis for patients with insulin-dependent diabetes mellitus (IDDM), has also had actuarial consequences.
  • (9) Relapse following second and subsequent remission BMT was predicted by a score based on standard prognostic features or by the pace of the disease: patients with an interval of less than 2 years between diagnosis and first relapse having a 15% actuarial disease-free survival, compared with 81% for patients with an interval greater than 2 years (P less than 0.001).
  • (10) Thirteen (36%) of the 36 patients died before adequate antifungal therapy could be administered, while 13 survived long enough to receive 1,500 mg of amphotericin B; actuarial survival of the latter group from the date 1,500 mg of amphotericin B had been infused was 47% at 1 year.
  • (11) The 5-year actuarial survival for Stage IIA was 86% and the 5-year actuarial survival for Stage IIB was 46% (p = 0.06).
  • (12) Actuarial observed 2 yr. survival is 33% and the median survival is 15 months.
  • (13) The actuarial 5- and 10-year survival was 77 and 65%, respectively with 55 and 48% 5 and 10 year disease-free survival.
  • (14) The overall actuarial survival rate was 86.5% at 5 years and 78.0% at 10 years.
  • (15) The results indicate that half or more of the interstate differences in spending for this population group are due to actuarial and efficiency factors rather than deviations from equity potential.
  • (16) Utilizing these guidelines, a 1-year actuarial survival following each of these procedures of greater than 60% can be expected.
  • (17) Five-year actuarial survival rates were 86.6% for frank, 98.8% for microinvasive and 98.8% for in situ carcinomas.
  • (18) Patients with one or more of the above risk factors who received BMT have a disease-free survival of 61% with a median follow-up of 66 months (range 11 months to 10.6 years), and an actuarial relapse rate of 10%.
  • (19) The actuarial survival at 2 years after grafting of Blacks, Hispanics and Asians was compared with that of Caucasians transplanted between 1971 and 1985 for aplastic anaemia, acute non-lymphocytic leukaemia and acute lymphoblastic leukaemia.
  • (20) Actuarial 5-year survival was 90% for pT1, 51% for pT2 and 34% for pT3, bladder treatment being unsuccessful in 6 cases (11%).

Pension


Definition:

  • (n.) A payment; a tribute; something paid or given.
  • (n.) A stated allowance to a person in consideration of past services; payment made to one retired from service, on account of age, disability, or other cause; especially, a regular stipend paid by a government to retired public officers, disabled soldiers, the families of soldiers killed in service, or to meritorious authors, or the like.
  • (n.) A certain sum of money paid to a clergyman in lieu of tithes.
  • (n.) A boarding house or boarding school in France, Belgium, Switzerland, etc.
  • (v. t.) To grant a pension to; to pay a regular stipend to; in consideration of service already performed; -- sometimes followed by off; as, to pension off a servant.

Example Sentences:

  • (1) The 36-year-old teacher at an inner-city London primary school earns £40,000 a year and contributes £216 a month to her pension.
  • (2) Adding a layer of private pensions, it was thought, does not involve Government mechanisms and keeps the money in the private sector.
  • (3) We know that several hundred thousand investors are likely to want to access their pension pots in the first weeks and months after the start of the new tax year.
  • (4) But the amount of time spent above SPA has differed substantially between men and women due to women both living longer, and reaching state pension age earlier.
  • (5) Critics of wind power peddle the same old myths about investment in new energy sources adding to families' fuel bills , preferring to pick a fight with people concerned about the environment, than stand up to vested interests in the energy industry, for the hard-pressed families and pensioners being ripped off by the energy giants.
  • (6) The chancellor confirmed he would bring in a welfare cap of £119.5bn, with the state pension and unemployment benefits exempted from this.
  • (7) "Their prioritising of pensioner spending over unemployment benefits fits with a picture seen across this generational work: they care about groups they see as being in genuine need and they put particular emphasis on helping those who have contributed."
  • (8) Pensioners, like those in receipt of long-term social welfare payments or those who can prove they cannot provide their heating needs during winter, are entitled to a means-tested weekly winter fuel allowance of €20 (£ 14.54) per household.
  • (9) Energy UK said the help offered by its members to pensioners and low-income households was the equivalent of giving shoppers £135 per year.
  • (10) Rule-abiding parents can get a monthly stipend, extra pension benefits when they are older, preferential hospital treatment, first choice for government jobs, extra land allowances and, in some case, free homes and a tonne of free water a month.
  • (11) Tata Steel, the owner of Britain’s largest steel works in Port Talbot, is in talks with the government about a similar restructuring for the British Steel pension scheme , which has liabilities of £15bn.
  • (12) "Statistics released today show that three-quarters of people who apply for employment and support allowance are continuing to be found either fit for work or stop their claim before completing their medical assessment," said the Department for Work and Pensions.
  • (13) I am one of those retired civil servants who has not received my pension.
  • (14) Applications from Serbia, which account for 10% of the total, stem mostly from the dissolution of former Yugoslavia: payment of army reservists, access to savings in present-day Bosnia and Herzegovina, pensions in Kosovo.
  • (15) Arcadia’s pension deficit was measured at £190m in the company’s accounts for the year to August 2015, but is understood to have grown substantially since then.
  • (16) It combined regular interviews with a study of the impact on each household of benefit changes, pension reforms, social care cuts and fuel price increases.
  • (17) "We believe BAE's earnings could stagnate until the middle of this decade," said Goldman, which was also worried that performance fees on a joint fighter programme in America had been withheld by the Pentagon, and the company still had a yawning pension deficit.
  • (18) Colleagues involved in similar Telegraph stings this week included Michael Moore, the Scottish secretary, Ed Davey, a business minister, and Steve Webb, the pensions minister.
  • (19) At the end of the article the Department for Work and Pensions is quoted as saying that it’s “misleading to link food bank use to benefit delays and sanctions”.
  • (20) I think it would have been appropriate and right and respectful of people’s feelings to have done so.” There was also confusion over Labour policy sparked by conflicting comments made by Corbyn and his new shadow work and pensions secretary, Owen Smith.

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