(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.
Subsidy
Definition:
(n.) Support; aid; cooperation; esp., extraordinary aid in money rendered to the sovereign or to a friendly power.
(n.) Specifically: A sum of money paid by one sovereign or nation to another to purchase the cooperation or the neutrality of such sovereign or nation in war.
(n.) A grant from the government, from a municipal corporation, or the like, to a private person or company to assist the establishment or support of an enterprise deemed advantageous to the public; a subvention; as, a subsidy to the owners of a line of ocean steamships.
Example Sentences:
(1) The International Monetary Fund, which has long urged Nigeria to remove the subsidy, supports the move.
(2) The biggest single source of air pollution is coal-fired power stations and China, with its large population and heavy reliance on coal power, provides $2.3tn of the annual subsidies.
(3) The statistics underline the significant strides being taken by the industry to meet a government drive to reduce Britain's carbon emissions, although the scale of renewable energy subsidies remains controversial.
(4) Under pressure from many backbenchers, he has tightened planning controls on windfarms and pledged to "roll back" green subsidies on bills, leading to fears of dwindling support for the renewables industry.
(5) In Australia there are taxpayer subsidies to keep these plants open, whereas in the US, China and parts of Europe, the government is taking actual direct action to close them down,” Cousins said.
(6) The environment secretary, Liz Truss , has stripped farmers of subsidies for solar farms, saying they are a “blight” that was pushing food production overseas.
(7) The US farm bill is a multi-billion dollar piece of legislation that controls the federal government's spending on farm subsidies, food for the domestic poor, agriculture conservation programmes, and overseas food aid , among other things.
(8) He asked for details of farm subsidies paid to opposition politicians including the Welsh Tory leader, Andrew RT Davies, the Welsh Liberal Democrat chief, Kirsty Williams, and Plaid Cymru's Llyr Huws Gruffydd.
(9) But an industrialist embedded in his department told the Guardian that ministers were now internally questioning renewable power and other schemes that involved substantial public subsidies.
(10) That means eliminating fossil fuel subsidies as well.
(11) Families indicated that the subsidy was very helpful in meeting special needs and had improved family life, eased financial worries, and reduced stress.
(12) It is likely most simply cannot afford full unsubsidized premiums.” Similarly, an analysis by the Urban Institute predicts that many of those who will lose their subsidies won’t be able to afford it without them and will cancel their insurance as a result.
(13) In 2004, the dispute settlement body , the "judicial branch" of the WTO, ruled that the US had to reform its cotton subsidies or face "retaliation" from Brazil.
(14) They envisage cuts in farm support payments of more than €150,000 a year, with a cap set at €300,000, in order to devote more subsidy to smaller, family-run farms and ensure a fairer distribution of funds.
(15) Plus, unlike planet-screwing fossil fuels, solar could actually be subsidy-free in a few years.
(16) Npower blamed its planned rises on increases in wholesale gas and electricity costs and the cost of delivering government policies, such as smart metering and subsidies for renewable energy.
(17) A spokesman for SSE said: "It is unclear what subsidy is required to make investment in new nuclear work.
(18) UK renewable energy industry warns of legal action over subsidies Read more But the secretary of state is tasked with the destruction of this industry.
(19) It might sound like chump change, but the PTC alone amounts to $1 billion a year, and industry advocates insist that wind would hit the doldrums without these subsidies.
(20) Revealing how far taxpayers fund the private sector is not the same thing as saying the private sector should not receive any public subsidy at all.