What's the difference between pension and welfare?

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.

Welfare


Definition:

  • (n.) Well-doing or well-being in any respect; the enjoyment of health and the common blessings of life; exemption from any evil or calamity; prosperity; happiness.

Example Sentences:

  • (1) 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.
  • (2) The heretofore "permanently and totally disabled versus able-bodied" principle in welfare reforms is being abbandoned.
  • (3) The chancellor confirmed he would bring in a welfare cap of £119.5bn, with the state pension and unemployment benefits exempted from this.
  • (4) A new type of artificial blood, pyridoxylated hemoglobin-polyoxyethylene conjugate (PHP) solution, (developed by PHP research group of the department of health and welfare of Japan, and produced by Ajinomoto Co., Inc. Tokyo) as an oxygen-carrying component, has been recently devised using hemoglobin obtained from hemolyzed human erythrocytes.
  • (5) The public finance forecasts are linked to those growth predictions, since stronger growth means healthier tax receipts and lower spending on unemployment benefit and other welfare measures.
  • (6) 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.
  • (7) Thatcher made changes to the UK's tax system, some changes to welfare, and many to the nature of British jobs, both through privatisation and economic liberalisation – not least in her battle with the unions.
  • (8) Repeat patients were more likely to threaten to harm others, have a diagnosis of adjustment disorder, conduct or oppositional disorder and be under the care of a child welfare agency.
  • (9) We need welfare changes that help get our economy growing again, not changes that will entrench unemployment and dependency further."
  • (10) Jamat-ud Dawa, the social welfare wing of LeT, has been blacklisted in the wake of the Mumbai attacks although it continues to function.
  • (11) Lynn Kramer, the zoo's vice-president of animal operations and welfare, said five lions were typically in the exhibit and have never appeared to endanger each other before.
  • (12) Nowadays, many of the core welfare state functions have been devolved to the Scottish parliament.
  • (13) Also in June, a former welfare minister, Shlomo Benizri , was jailed for four years for taking bribes while in office.
  • (14) In two experimental subdistricts, researchers observed the work of family welfare assistants (FWAs), the female family planning field-workers, to determine the duration and frequency of their home visits with village women and the content of their exchanges.
  • (15) Iain Duncan-Smith, the new welfare secretary, said it was if the two parties had been working together for years.
  • (16) Personal attendants (welfare assistants) could be allocated to each of the more severely handicapped children.
  • (17) But in April, this was reduced to 70% as ministers tried to slash the welfare bill.
  • (18) It shows that while accessibility in the study area improved between 1979 and 1982 through the establishment of more dispensaries and maternity and child-welfare centres, the relative efficiency of locations has remained low.
  • (19) The government is considering ending the annual inflation-linked rise in benefits as part of the drive to find additional savings in the welfare budget, according to the BBC .
  • (20) Welfare cuts are now becoming a matter of life or death | Letters Read more But government sources suggested the political pressures on Osborne, who has been criticised publicly by a series of Tory MPs, suggest he will act more flexibly and direct substantial resources to softening the impact of the cuts.