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English definition of “pension”

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pension

noun [C]
 
 
/ˈpenʃən/
a regular income paid by a government or a financial organization to someone who no longer works, usually because of their age or health: comfortable/decent/generous pension They receive a generous pension, typically 75% of last pay drawn.pension plan/scheme Her new job offers a company pension scheme. Any pension contributions you pay into your plan qualify for tax relief. According to the report, CEOs received an average of $1.3 million in pension benefits last year.final-salary/index-linked pension If you want an index-linked pension, which will rise in line with inflation, you will get less to start with. draw/pay/receive a pension a full/small pension →  See also disability pension , occupational pension , old age pension , personal pension , portable adjective , private offering , retirement pension , self-administered pension , stakeholder pension , state pension , State Second Pension , top hat pension , top-up pension
Translations of “pension”
in Korean 연금…
in Arabic تَقاعُد…
in French pension, rente…
in Turkish emekli maaşı/aylığı…
in Italian pensione…
in Chinese (Traditional) 養老金, 退休金, 撫恤金…
in Russian пенсия…
in Polish emerytura, renta…
in Spanish pensión…
in Portuguese pensão…
in German die Pension…
in Catalan pensió…
in Japanese 年金, 恩給…
in Chinese (Simplified) 养老金, 退休金, 抚恤金…
(Definition of pension from the Cambridge Business English Dictionary © Cambridge University Press)
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