What's the difference between benefit and pension?

Benefit


Definition:

  • (n.) An act of kindness; a favor conferred.
  • (n.) Whatever promotes prosperity and personal happiness, or adds value to property; advantage; profit.
  • (n.) A theatrical performance, a concert, or the like, the proceeds of which do not go to the lessee of the theater or to the company, but to some individual actor, or to some charitable use.
  • (n.) Beneficence; liberality.
  • (n.) Natural advantages; endowments; accomplishments.
  • (v. t.) To be beneficial to; to do good to; to advantage; to advance in health or prosperity; to be useful to; to profit.
  • (v. i.) To gain advantage; to make improvement; to profit; as, he will benefit by the change.

Example Sentences:

  • (1) Child benefit has already been withdrawn from higher rate taxpayers.
  • (2) A statement from the company said it had assigned all its assets for the benefit of creditors, in accordance with Massachusetts' law.
  • (3) Benefits increase with an individual's initial cholesterol level and decrease with the age at which an intervention is initiated.
  • (4) It ignores the reduction in the wider, non-NHS cost of adult mental illness such as benefit payments and forgone tax, calculated by the LSE report as £28bn a year.
  • (5) This "paradox of redistribution" was certainly observable in Britain, where Welfare retained its status as one of the 20th century's most exalted creations, even while those claiming benefits were treated with ever greater contempt.
  • (6) I fear that I will have to go through another witch-hunt in order to apply for this benefit."
  • (7) Because they generally have to be positioned on hills to get the maximum benefits of the wind, some complain that they ruin the landscape.
  • (8) Other than failing to get a goal, I couldn’t ask for anything more.” From Lambert’s perspective there was an element of misfortune about the first and third goals, with Willian benefitting from handy ricochets on both occasions.
  • (9) In patients with acute exacerbations of chronic obstructive pulmonary disease, although either sympathomimetic or anticholinergic therapy provides bronchodilatation, no further benefit could be demonstrated from combination therapy.
  • (10) But still we have to fight for health benefits, we have to jump through loops … Why doesn’t the NFL offer free healthcare for life, especially for those suffering from brain injury?” The commissioner, however, was quick to remind Davis that benefits are agreed as part of the collective bargaining process held between the league and the players’ union, and said that they had been extended during the most recent round of negotiations.
  • (11) In France, there is still a meaningful connection between earnings, social contributions paid in, and benefit paid out.
  • (12) The value of benefit-risk, benefit-cost, and cost-effectiveness analyses lies not in providing the definitive basis for a decision on vaccine use or evaluation.
  • (13) The results indicate that the legislated increase in the age of eligibility for full Social Security benefits beginning in the 21st century will have relatively small effects on the ages of retirement and benefit acceptance.
  • (14) The chancellor confirmed he would bring in a welfare cap of £119.5bn, with the state pension and unemployment benefits exempted from this.
  • (15) These data suggest that although the major effect of ALP is on the inhibition of the generation of the autoimmune response there appeared to be some therapeutic benefit at a later stage of acute disease.
  • (16) Acetylsalicylic acid has been shown to reduce significantly stroke, death and stroke-related death in men, with no detectable benefit for women.
  • (17) Some women have clinically obvious cervical incompetence and may benefit from a cerclage operation, but criteria for early diagnosis are not universally agreed upon.
  • (18) "If you are not prepared to learn English, your benefits will be cut," he said.
  • (19) Of course it is important to ensure shareholders enjoy the benefits of investing in the company, they are the owners.
  • (20) Considerations on costs and benefits demonstrate that the treatment of severely injured patients, who otherwise would die, results in a considerable social and economic saving (approximately 90 million Swiss francs for the 316 trauma patients analyzed).

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.