What's the difference between pension and vesting?

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.

Vesting


Definition:

  • (p. pr. & vb. n.) of Vest
  • (n.) Cloth for vests; a vest pattern.

Example Sentences:

  • (1) 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.
  • (2) Cabrera, wearing a bulletproof vest, was paraded before the news media in what has become a common practice for law enforcement authorities following major arrests.
  • (3) The people who will lose are not the commercial interests, and people with particular vested interests, it’s the people who pay for us, people who love us, the 97% of people who use us each week, there are 46 million people who use us every day.” Hall refused to be drawn on what BBC services would be cut as a result of the funding deal which will result in at least a 10% real terms cut in the BBC’s funding.
  • (4) Endurance times with the vest were 300 min (175 W) and 242-300 min (315 W).
  • (5) First, there are major vested interests, such as large corporations, foreign billionaires and libel lawyers, who will attempt to scupper reform.
  • (6) His consecration took place at an ice hockey stadium in Durham, New Hampshire, and he wore a bulletproof vest under his gold vestments because he had received death threats.
  • (7) Neither SCV nor the vest techniques of CPR appear better for survival or neurologic outcome than standard cardiopulmonary resuscitation performed with the Thumper.
  • (8) Management intervention was identified as the cause of deterioration in four of 134 patients undergoing operative intervention, in three of 60 with skeletal traction application, in two of 68 with halo vest application, in two of 56 undergoing Stryker frame rotation, and in one of 57 undergoing rotobed rotation.
  • (9) We’re not part of the vested interests and we’ll never be part of the vested interests.
  • (10) Labour too had "sort of fallen to their knees obsequiously towards very powerful vested interests in the media", he said.
  • (11) At 175 W, subjects maintained a constant body temperature; at 315 W, the vest's ability to extend endurance is limited to about 5 hours.
  • (12) VEST-monitoring proved to be a reliable method that gave reproducible results: changes of ejection (EF) in basal conditions were lower than 5% in 95% of the patients.
  • (13) Mahmood had a vested interest in the prosecution against Contostavlos not collapsing due to any unfair entrapment by him, jurors were told.
  • (14) Treating voters like idiots doesn't often work – so the posters with a picture of a sick baby, saying, "She needs a new cardiac facility not an alternative voting system", or of the soldier, reading, "He needs bulletproof vests, not an alternative voting system", must surely be an insult too far to the public's intelligence.
  • (15) Vast discretion vested in NSA analysts The vast amount of discretion vested in NSA analysts is also demonstrated by the training and briefings given to them by the agency.
  • (16) A truly expert contracting group must be created that would be powerful enough to challenge departmental vested interests.
  • (17) (b) Positioning of patients for operation, including those with a halo vest, is efficiently carried out with safety and ease.
  • (18) Skull traction and a halo-vest were intermediate in patients with loss of motion, and the degree of loss of range was essentially equal.
  • (19) Jasmin Lorch, from the GIGA Institute of Asian Studies in Hamburg, said: “If the military gets the feeling that its vested interests are threatened, it can always act as a veto player and block further reforms.” The New York-based advocacy group Human Rights Watch said the elections were fundamentally flawed, citing a lack of an independent election commission with its leader, chairman U Tin Aye, both a former army general and former member of the ruling party.
  • (20) The BBC interview also noted: "The foundation will also look at concerns that the web has become less democratic, and its use influenced too much by large corporations and vested interests".