What's the difference between pension and reward?

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.

Reward


Definition:

  • (v. t.) To give in return, whether good or evil; -- commonly in a good sense; to requite; to recompense; to repay; to compensate.
  • (n.) Regard; respect; consideration.
  • (n.) That which is given in return for good or evil done or received; esp., that which is offered or given in return for some service or attainment, as for excellence in studies, for the return of something lost, etc.; recompense; requital.
  • (n.) Hence, the fruit of one's labor or works.
  • (n.) Compensation or remuneration for services; a sum of money paid or taken for doing, or forbearing to do, some act.

Example Sentences:

  • (1) We want to be sure that the country that’s providing all the infrastructure and support to the business is the one that reaps the reward by being able to collect the tax,” he said.
  • (2) This "gender identity movement" has brought together such unlikely collaborators as surgeons, endocrinologists, psychologists, psychiatrists, gynecologists, and research specialists into a mutually rewarding arena.
  • (3) Learning ability was assessed using a radial arm maze task, in which the rats had to visit each of eight arms for a food reward.
  • (4) The hosts had resisted through the early stages, emulating their rugged first-half displays against Manchester United and Arsenal here this season, and even mustered a flurry of half-chances just before the interval to offer a reminder they might glean greater reward thereafter.
  • (5) "The company and its shareholders have been handsomely rewarded for that."
  • (6) It is worth noting though that the government is reaping scant reward in the polls even though the economy has expanded by more than 3% over the past year and – according to the IMF – will be the fastest growing of the G7 economies this year.
  • (7) Despite a few initial concerns about the technology and how it would fit into their daily routines, staff really see the benefit and find it rewarding to see the messages and be able to respond straight away.
  • (8) The Treasury said: "Britain has been at the forefront of global reforms to make banking more responsible, including big reductions in upfront cash bonuses and linking rewards to long-term success.
  • (9) The hypothesis that metabolic rate, as well as foraging and recruiting activities, depend on the motivational state of the foraging bee determined by the reward at the food source is discussed.
  • (10) But mention the words "eurozone crisis" to other Finns, and you could be rewarded with little more than a confused, albeit friendly, smile.
  • (11) Six other rats were rewarded only if their sequence of left and right responses in the current trial differed from each of the previous five trials.
  • (12) Cats were trained to press a lever for 0.5--1.0 ml of milk reward both in the presence and absence of ambient light.
  • (13) He is 100% committed in every training session and that is why I rewarded him with the chance to play.
  • (14) As a result existing job definitions and traditional forms of organization are being challenged and attempts made to restructure work so that it becomes meaningful and rewarding in the fullest sense, to the individual, to the enterprise, and to society.
  • (15) Since these tumors are often multiple and small, angiography is not very rewarding.
  • (16) The reason to be an atheist is not that it makes us feel better or gives us a more rewarding life.
  • (17) The collaborative approach focused on rewards of behavioral change and minimized attention to prevention of negative behaviors, while openly valuing input from the women who are potential health promoters in their own communities.
  • (18) Not only is there a great need, but it is a personally rewarding and satisfactory experience.
  • (19) The glutamatergic mechanisms of neostriatum and nucleus accumbens septi play a minor role in attenuation of tegmental self-stimulation with droperidol, fluphenazine, trifluoperazine and clozapine but these mechanisms seem to be responsible for the suppression of "reward" phenomenon with haloperidol, thioridazine and aminazine.
  • (20) Free money offers The Halifax's £100 cash is available to people who switch to its Reward current account.