(n.) A sum of money, payable yearly, to continue for a given number of years, for life, or forever; an annual allowance.
Example Sentences:
(1) The ABI figures revealed that the best annuity for someone who is a heavy smoker and has severely impaired health was at Prudential, which paid out 46% more than the worst, from Friends Life.
(2) Annuities have suffered their worst year on record, with payouts to newly retiring pensioners falling by 15% so far during 2016, according to data provider Moneyfacts.
(3) Only last month the Financial Conduct Authority issued a report in which it said millions of older people were getting a poor deal from Britain's multibillion-pound annuity market, with the biggest losers those with the least money put aside for their retirement.
(4) However, to buy an annual pension income of £1,300 via a traditional annuity that also provided an income for your spouse after you die, you would need a pension pot of roughly £25,000.
(5) Annuity rates so low that a pension pot running into the seven figures is required to deliver any kind of decent pension.
(6) People who prefer to buy an annuity could opt for a "value protected annuity": in return for an extra cost, typically 5% of the income, the policyholder can arrange for any residual money left over when they die to be paid to their beneficiaries.
(7) He adds: "The problem with the chancellor's decision is very simple: all the evidence indicates very few people will opt to buy an annuity under the new rules – and the assumption of 30% taking this route deployed by the Treasury in its costings appears highly optimistic.
(8) The insurers pay an annuity (a guaranteed annual income in retirement) of £839 a year on a savings pot of £18,000, compared to £1,099 at the best payer, Reliance Mutual.
(9) On average, women take out annuities at the age of 59, marginally earlier than men at 62, but both do so significantly sooner than they have to by law.
(10) If the recession results in interest rates remaining low for years, as many in the City are now predicting, then annuity rates will also remain at paltry levels.
(11) Figures from pensions provider Hargreaves Lansdown show annuity rates have plummeted since July 2008.
(12) Table Photograph: asdf In recent years annuity providers have begun offering better payouts to those people they think will die relatively early.
(13) The group sold its US life and annuity business last year for £1.7bn , as well as many other smaller overseas operations, to strengthen its balance sheet.
(14) The Association of British Insurers is believed to be on the verge of approving a new mandatory code of conduct for pension companies that sell pension income – also known as annuities – ensuring people will get the highest possible income in return for their pension pot.
(15) "Annuities may well be broken, but the answer is not to end responsible collective risk-sharing.
(16) By forcing long-term interest rates down and inflation up, QE1 has already increased pension fund liabilities by an estimated £74bn , while driving annuity costs to record levels.
(17) The chancellor said: “For many an annuity is the right product, but for some it makes sense to access their annuity now.
(18) Do not simply accept the annuity offered by your pension provider – shop around for the highest rate possible.
(19) The thinktank also suggests removing the option of taking out 25% of your pension fund as a tax free lump; instead investors would get a 5% top up to their pension pot just before they use the money to buy an annuity.
(20) It will also end the rules requiring compulsory annuitisation (having to buy an annuity with your pension) at 75.
Contingent
Definition:
(a.) Possible, or liable, but not certain, to occur; incidental; casual.
(a.) Dependent on that which is undetermined or unknown; as, the success of his undertaking is contingent upon events which he can not control.
(a.) Dependent for effect on something that may or may not occur; as, a contingent estate.
(n.) An event which may or may not happen; that which is unforeseen, undetermined, or dependent on something future; a contingency.
(n.) That which falls to one in a division or apportionment among a number; a suitable share; proportion; esp., a quota of troops.
Example Sentences:
(1) The interresponse-time reinforcement contingencies inherent in these schedules may actually mask the effects of overall reinforcement rate; thus differences in response rate as a function of reinforcement rate when interresponse-time reinforcement is eliminated may be underestimated.
(2) The effects of learning history were evident on sessions 4 and 5 when the same consequence was contingent upon the performance of all groups.
(3) However, during massed testing, all subjects trained with response contingent CS termination showed an overall extinction influence, which was most pronounced in the medial subgroup, although the laterals showed frequency control as well.
(4) Aggressive responding was maintained by contingent presentation of periods free of point subtractions, i.e., provocations.
(5) The aim in postoperative pain therapy is a time-contingent dosing after careful intravenous titration of the compound in the lower dose range during continuous supervision.
(6) The results indicate that behavior in transition states maintained by reinforcement contingencies in the radial maze is similar to that maintained by extended chained schedules, despite the fact that some of the stimuli controlling behavior in the maze are absent at the moment behavior is emitted.
(7) He said there were a sufficient number of shifts at Heathrow to maintain "a full immigration desk policy" and insisted the contingency planning for security at the Games, which had seen more than 18,000 military personnel called in, meant the government had enough troops in place or in reserve to make up for the G4S staffing fiasco.
(8) The bill is due to become law in the summer and is already forcing the party to make contingency plans including the possible sale of property.
(9) The level of disruption to services will vary widely and depend on the number of staff joining the strike, the mitigating impact of the NHS’s contingency planning and how many patients need acute care, such as A&E care or surgery.
(10) For each subject, reinforcers (money) were contingent upon responses on each of two panels: (1) a matching panel for working matching-to-sample problems, and (2) a sample panel for producing the sample stimulus.
(11) These interventions are effective, however, only as long as the contingencies are in effect.
(12) In contrast, rudiments of internal organs provided their own contingent of endothelial precursors, a process termed vasculogenesis.
(13) In this experiment, reward and punishment contingencies were directly manipulated to produce approach and withdrawal emotional states.
(14) Development of an aorta and pulmonary trunk with tricuspid semilunar valves appears to be contingent on the appearance of separate entwined ventricular ejection streams.
(15) In the present study, subjects with traumatic brain injury (TBI) were given four behavioural measures of executive function, two measures of posterior nonexecutive function, and a Contingent Negative Variation (CNV) task, a proposed electrophysiological index of frontal-lobe functioning.
(16) Using contingency table analysis, we found the following were significantly related to clinical hydrocephalus: increasing age; preexisting hypertension; admission blood pressure measurements; postoperative hypertension; admission CT findings of intraventricular hemorrhage, a diffuse collection of subarachnoid blood, and a thick focal collection of subarachnoid blood; posterior circulation site of aneurysm; focal ischemic deficits; use of antifibrinolytic drugs preoperatively; hyponatremia; admission level of consciousness; and a low score on the Glasgow outcome scale.
(17) Rats were trained to perform shuttle responses to a buzzer in four different situations: pseudoconditioning or D test (buzzers and footshocks presented at random), classical conditioning or DP test (buzzers and footshocks paired on every trial), avoidance without stimulus pairing or DC test (buzzer-shock intervals varied at random, shocks contingent upon non-emission of a shuttle response to the preceding buzzer), and standard two-way avoidance or DPC test (buzzers paired to shocks, but the latter omitted every time there was shuttling to the buzzer).
(18) The results support the assumption of the distraction arousal model used as an interpretation of these effects on contingent negative variation and suggest that high CO absorbing smokers possibly depend more on neuropharmacological effects of smoking than smokers with a low amount of CO absorption.
(19) Single-case methodology was used to evaluate the effectiveness of contingent reinforcement in promoting head posture in an adult brain-injured male.
(20) Experiment II indicated that a severely retarded male would also work at a high work rate under a self-determined reinforcement contingency.