pensioner definition
778c98a1c17510bd19330c6bbe37840a
Pensioner A pensioner is a person who collects a pension, most commonly because of retirement from the workforce. This is a term typically used in the United Kingdom (along with OAP), Ireland and Australia where someone of pensionable age may also be referred to as an 'old age pensioner'. In the United States, the term retiree is more common, and in New Zealand, the term superannuitant is commonly used.
170148d57322c7158cd92cd8c1d0b114
- Define pension. pension synonyms, pension pronunciation, pension translation, English dictionary definition of pension. n. A sum of money paid regularly as a retirement benefit or by way of patronage. tr.v. pen·sioned , pen·sion·ing , pen·sions 1. To grant a pension to. 2.
ed6429f01fd0d3c3700efb0801903b19
- Pensions were a way a company could help workers pay for their retirement years. From pension funds, employers doled out monthly payments to former worker. Pensions are established by employers putting aside money and managing the growth of these funds.
768f8eed4492e961a650b2d86e3449cc
What is commutation? In a defined benefit (DB) arrangement (such as a final salary pension) the cash is usually defined as an addition to the pension or by commutation. Commutation is defined as giving up part or all of the pension payable from retirement in exchange for an immediate lump sum.
fd598b5260adae0b6b25b17222b9cb3f
- Highland Weather Alerts Highland current severe weather warnings, watches and advisories as reported by the NOAA National Weather Service for the Highland area and overall Oakland county. © 2008-2018 LocalConditions.com. All Rights Reserved.
ceb1f3ca1163ea17dd2f04239a2f4f03
Caganer A Caganer (Catalan pronunciation: [kəɣəˈne], Western Catalan: [kaɣaˈne]) is a figurine depicted in the act of defecation appearing in nativity scenes in Catalonia and neighbouring areas with Catalan culture such as Andorra, Valencia, and Northern Catalonia (in southern France).
274cc1a9de5c916c1bb4eed242141889
Trustee guidance A trust ensures that the pension scheme's assets are kept separate from those of the employer. This is important for the security of members' benefits. A trustee is a person or company, acting separately from the employer, who holds assets in the trust for the beneficiaries of the scheme.
7cf076bccd261618d9f28b6d5ae66dfb
- A pension plan is a promise by an employer to pay an employee a monthly stipend at some future retirement date. Unlike a profit sharing plan, there is not a specific amount of assets designated for the employee. The goal is to determine the actuarial present value of the future cash flows to be paid to the employee.
35a9c90b12c35aa8162305845996c742
A Quaker Glossary A Quaker Glossary. This page defines some Quaker words and phrases used elsewhere on this site. Attender: A person who attends meeting for worship and perhaps participates in other parts of the life of a meeting, but who has not become a member.
483e6430ad1de20b5cba7aa130b4141f
- Definition of PAYER, or PAYOR: One who pays, or who is to make a payment; particularly the person who is to make payment of a bill or note. Correlative to “payee.” The Law Dictionary Featuring Black's Law Dictionary Free Online Legal Dictionary 2nd Ed.
3d1d4de11bcdb4bd303bc7c6f1e82638
- Top definition. stooper. A person who makes his living collecting discarded betting tickets at horse racing tracks, then going through them looking for winning slips that were accidentally thrown away. I always double check my tickets. I don't want some damn stooper cashing in on my win.
661d7c6dca4d5f517577ed5aeccccb45
"Multiemployer pension plans projected to be in ""critical and declining"" status" Multiemployer pension plans projected to be in critical and declining status. The Multiemployer Pension Reform Act of 2014 allows the trustees of certain multiemployer pension plans to reduce pensions, including the benefits of retirees. Read a summary of the cutback provisions of the law here.
a4e963c63c299b105f8662c9cba9ba2d
DEFINITION of 'Squatter' DEFINITION of 'Squatter'. A person who settles in or occupies property with no legal claim to the property.A squatter is one who resides on a property to which he or she has no title, right or lease. A squatter may gain adverse possession of the property through involuntary transfer.A property owner who does not use or inspect his or her property for a number of years could lose title to another person who makes a claim to the land, takes possession of the land and uses the land. squatter is one who resides on a property to which he or she has no title, right or lease.
1fe487e72462f87169420749440d7a47
- Payor, often spelled payer, is defined as the person paying. An example of a payor is the person who takes care of all the household bills. payor. Variant of payer. payor.
ad89475f7fb80ed58313bd6c395bffb1
pension a fixed amount, other than wages, paid at regular intervals to a person or to the person's surviving dependents in consideration of past services, age, merit, poverty, injury or loss sustained, etc.: a retirement pension. 2. an allowance, annuity, or subsidy. 3. a boardinghouse or small hotel.
6da97e6d2ff4d3a13aff81687d3432d0
- pension plan administrator. Definition. A person who manages the running of a pension program in a company. Regular operations like collecting payments, properly allocating them to the assets that form part of the pension plan's portfolio and finally, the disbursement of pension to those who qualify, is managed by the pension plan administrator. Most Viewed.
179f6d7bcd4a9331a97cf02db8d02eeb
parishioner Definition of parishioner for English Language Learners. : a person who goes to a particular local church : a person who belongs to a parish.
4b8492fda2baeed3b53d7b17bb8ec084
- Payer is organisation which takes care of financial and operational aspects (which include insurance plans, provider ... This page may be out of date. Save your draft before refreshing this page.
5158ebf8bc6b695cae2b1f5f2030adf4
CoStar Glossary DEFINITION of 'Pension Fund'. A fund established by an employer to facilitate and organize the investment of employees' retirement funds contributed by the employer and employees.
cf0d3e84a150e89adfec765426d77c08
What is an 'Unfunded Pension Plan' BREAKING DOWN 'Unfunded Pension Plan'. A pension plan is a program offered by certain employers that provides a salary replacement when an employee is no longer working (for example, when the employee retires).
bd07ea60a742a116345976debea8f301
- 1 1670s First organised pension scheme for Royal Navy Officers. 2  1908 Old Age Pensions Act-introduced first general old age pension paying a non-contributory amount of between 10p and 25p a week, from age 70, on a means-tested basis from January 1 1909 - Pensions Day.
8992d29c2a0ca280bbe17b1a35b33a36
What is a 'Pension Plan' What is a 'Pension Plan' A pension plan is a retirement plan that requires an employer to make contributions into a pool of funds set aside for a worker's future benefit. The pool of funds is invested on the employee's behalf, and the earnings on the investments generate income to the worker upon retirement.
600d64eef467ac44839c20677fd9f375
- Pension definition, a fixed amount, other than wages, paid at regular intervals to a person or to the person's surviving dependents in consideration of past services, age, merit, poverty, injury or loss sustained, etc.: a retirement pension. See more.
65c607ae3dccbd1f4f7c9289b1cca1cf
Defined benefit pension schemes explained Defined benefit pension schemes explained. A defined benefit (DB) pension scheme is one where the amount you’re paid is based on how many years you’ve worked for your employer and the salary you’ve earned. How defined benefit pensions work. How to work out your pension income. Checking your pension income. When you can take your pension.
f406cd74bc4ff2b327975ce32f2d99ab
lunger 1 a person who has chronic lung disease, especially tuberculosis. Origin of lunger1. 1890-1895. First recorded in 1890-95; lung + -er1.
fb6342ef3ecc8e1b9f28c103e5ad9079
Topics Pension income splitting. You (the pensioner) may be able to jointly elect with your spouse or common-law partner (the pension transferee) to split your eligible pension income if you meet all of the requirements.or the purposes of the joint election to split pension income, the pension transferee is the individual to whom is allocated part of the eligible pension income of his spouse or common-law partner (the pensioner).