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A pension is a steady income given to a person (usually after retirement). Pensions are typically payments made in the form of a guaranteed annuity to a retired or disabled employee. Some retirement plan (or superannuation) designs accumulate a cash balance (through a variety of mechanisms) that a retiree can draw upon at retirement, rather than promising annuity payments. These are often also called pensions. In either case, a pension created by an employer for the benefit of an employee is commonly referred to as an occupational or employer pension. Labor unions, the government, or other organizations may also sponsor pension provision.
Occupational pensions are a form of deferred compensation, usually advantageous to employee and employer for tax reasons. Many pensions also contain an insurance aspect, since they often will pay benefits to survivors or disabled beneficiaries, while annuity income insures against the risk of longevity.
While other vehicles (certain lottery payouts, for example, or an annuity) may provide a similar stream of payments, the common use of the term pension is to describe the payments a person receives upon retirement, usually under pre-determined legal and/or contractual terms.
More on [ Pension ]
@shard_dax No, more of getting the boss in trouble for not giving us required pension and health care.
chinotenshi (chinotenshi) Thu, 10 Dec 2009 04:11:33 -0000
@shard_dax No, more of getting the boss in trouble for not giving us required pension and health care.
Mayor's nephew: I'm out of city pension deals: Mayor Daley's nephew Robert Vanecko says he no longer has a financia... http://bit.ly/4TgARA
topix_chicago (topix_chicago) Thu, 10 Dec 2009 04:09:38 -0000
Mayor's nephew: I'm out of city pension deals: Mayor Daley's nephew Robert Vanecko says he no longer has a financia... http://bit.ly/4TgARA
Next.. One rank one pension formula: A committee was constituted under the Chairmanship of Cabinet Secretary to loo... http://bit.ly/5Qo4V6
tech426 (bINu.. ) Thu, 10 Dec 2009 04:08:42 -0000
Next.. One rank one pension formula: A committee was constituted under the Chairmanship of Cabinet Secretary to loo... http://bit.ly/5Qo4V6
Alarmeringen PRIO 2 : 443 .ter controle pension lovinck hoeve VOLLENHOVERWEG - N331 13 MARKNESSE 8316PW OMS Alarm 0... http://bit.ly/5r3iVl
brandweerflevo (Brandweer Flevoland) Thu, 10 Dec 2009 04:04:20 -0000
Alarmeringen PRIO 2 : 443 .ter controle pension lovinck hoeve VOLLENHOVERWEG - N331 13 MARKNESSE 8316PW OMS Alarm 0... http://bit.ly/5r3iVl
Have to split your retirement accounts due to divorce? Check out the following link - http://bit.ly/7gUTak #divorce #IRA #pension
divorcefaq (Divorce FAQ) Thu, 10 Dec 2009 04:02:19 -0000
Have to split your retirement accounts due to divorce? Check out the following link - http://bit.ly/7gUTak #divorce #IRA #pension
Have to split your retirement accounts due to divorce? Check out the following link - http://bit.ly/7gUTak #divorce #IRA #pension
davkane (David Kane) Thu, 10 Dec 2009 04:02:18 -0000
Have to split your retirement accounts due to divorce? Check out the following link - http://bit.ly/7gUTak #divorce #IRA #pension
ERISA.com - The Employee Retirement Income Security Act is a federal law that sets minimum standards for pension plans in private industry. Site provides information and professional legal advice for providers and plan participants.
Meta Description: [ The Home Page of ERISA.com provides a roadmap to all information concerning the Employee Retirement Income Security Act of 1974 (ERISA) ]
Fidelity International Limited - UK firm services defined benefit and defined contribution pension funds,and provides investment services to local authorities, charities, building societies, and insurance companies.
International City/County Management Association (ICMA-RC) - Provider of retirement plan solutions for public sector employees and employers. Offers a range of investment options to municipalities and their employees. Site hosts information about the company and products.
Meta Description: [ ICMA-RC manages and administers 457 and 401 retirement plans exclusively for the benefit of public sector employers and employees. ]
Investors Insurance Corporation - A carrier of fixed index annuities in the USA. Site describes the company and its products, including the MarkOne fixed index annuity. A subsidiary of SCOR.
Mutual of America Life Insurance Company - Specializes in providing pension and retirement-related programs and services. Offers products such as IRAs, variable annuities, and group plans for life and disability insurance.
Meta Description: [ Mutual of America specializes in providing pension and retirement-related products, programs, and services. We offer such products as variable accumulation annuities, variable universal life insurance, and group life and disability insurance. ]
National Catholic Superannuation Fund - Provides superannuation funds for members of Catholic organisations across Australia. Site describes products and services, including investment options, a FAQ, and tax information.
Meta Description: [ National Catholic Superannuation Fund dedicated to providing efficient and competitive superannuation for Catholic organisations across Australia. ]
National Retirement Plan Advisors (NRPA) - Focuses on the design, implementation and administration of retirement plans. A comprehensive menu of insurance, annuity and investment products suitable for the retirement market are offered through the National Life Group.
Transamerica Retirement Services - Company creates customized retirement plan solutions designed to fit the growing business needs of today’s companies. Information provided for employees, employers, financial professionals, and administrators.
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