(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.
Superannuation
Definition:
(n.) The state of being superannuated, or too old for office or business; the state of being disqualified by old age; decrepitude.
Example Sentences:
(1) Taking time out from paid employment to look after children and ageing parents meant they had less superannuation.
(2) Hockey carried on in his budget speech about the age pension becoming unaffordable, but within three years this top-end superannuation concession will cost more than the age pension.
(3) The government’s tax discussion paper released earlier in the year advocated for an overhaul of the superannuation system , saying the current system will put pressure on the economy in the long run.
(4) He has determined superannuation policy and is out there threatening to cross the floor again on the backpacker tax.” On Wednesday Labor’s agriculture spokesman, Joel Fitzgibbon, said the tax would fail to raise $500m as planned because backpackers would stop coming to Australia.
(5) If the GST is shelved, the government will go to the election promising changes to superannuation, perhaps to negative gearing and cuts to family payments to fund a lower personal tax, while Labor makes similar cuts to super and probably negative gearing to pay for hospitals and schools.
(6) The report suggested the option of restoring the general prohibition on direct leverage of superannuation funds on a prospective basis.
(7) For planning and designing the reconstruction of an superannuated radiological department of a neurosurgical supra-regional hospital the following requirements had to be taken into account: 1.
(8) For women, this means continuing with the program we already have – valuing feminised labour, removing the barriers to women fully participating in work, and ensuring government levers such as superannuation and taxation reduce rather than intensify the wealth gap.
(9) In the UK, the £48bn Universities Superannuation Scheme (USS), which provides pensions for 330,000 university and college staff, has a substantial stake in the top 50 coal companies, as do six local authority pensions funds including West Yorkshire .
(10) But I believe they raise questions about the purpose of the concessions particularly as it relates to superannuation.” He ruled out making “effective retrospective” changes to super by taxing in the retirement phase.
(11) The wheels are falling off because the Chinese economy is slowing and commodity prices are falling and because the parliamentary gridlock means governments have been unable to do anything about it.” Richardson joined a growing push for the government to consider savings from the revenue the government forgoes due to the generous treatment of superannuation savings – $30bn in 2014-15 and forecast to rise to close to $50bn in 2017-18.
(12) Treasury advice released under freedom of information suggests the government was considering an overhaul of existing superannuation concessions before Labor announced its policy.
(13) Such arrangements are often not captured within the official counts of homelessness, but there is no disputing this is an emerging trend, and one that must be urgently addressed.” According to the report, women of retirement age had 57% less superannuation savings than men due to greater caring responsibilities through the course of their lives.
(14) The government needs to learn not to just oppose ideas that the opposition puts forward especially when our ideas are in the national interest.” Labor’s policy would tax retirees who earn more than $75,000 from superannuation in the retirement phase at 15%, and lower the high income superannuation contribution threshold from $300,000 to $250,000.
(15) In subsequent years, armed with his trusty sword, Excalibur (a superannuated prop from John Boorman 's film of the same name), he persistently challenged the law against assembling at Stonehenge, while the site itself grew increasingly to resemble one of the military encampments on nearby Salisbury Plain.
(16) A recent report by the Association of Superannuation Funds of Australia also found that thousands of retirees with more than $2m in their superannuation accounts received more than $5.2bn collectively in tax-free income-stream payments in a single year.
(17) Unlike Labor we have no plans to increase taxes on superannuation and will honour our commitment not to make any adverse or unexpected changes to superannuation during this term,” he told the Australian Chamber of Commerce and Industry.
(18) Labor has argued its changes strike the right balance and they would still maintain concessional treatment of superannuation.
(19) Labor plans to wind back generous superannuation concessions for Australia’s high income earners, unveiling two new measures raising revenue worth $14bn over ten years.
(20) Speaking at Parliament House on Tuesday, the prime minister, Tony Abbott , ruled out any changes to superannuation this term of parliament.