pension - Meaning in Punjabi
pension - Meaning in Punjabi
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Definitions and Meaning of pension in English
pension noun
- a regular payment to a person that is intended to allow them to subsist without working
ਪੈਨਸ਼ਨ
pension verb
- grant a pension to
Synonyms
pension off
Description
A pension is a fund into which amounts are paid regularly during an individual's working career, and from which periodic payments are made to support the person's retirement from work. A pension may be:
- a "defined benefit plan", where defined periodic payments are made in retirement. The sponsor of the scheme must make further payments into the fund if necessary to support these defined retirement payments, or
- a "defined contribution plan", under which defined amounts are paid in during working life, and the retirement payments are whatever can be afforded from the fund.
What is pension meaning in Punjabi?
The word or phrase pension refers to a regular payment to a person that is intended to allow them to subsist without working, or grant a pension to. See pension meaning in Punjabi, pension definition, translation and meaning of pension in Punjabi. Find pension similar words, pension synonyms. Learn and practice the pronunciation of pension. Find the answer of what is the meaning of pension in Punjabi.
Other languages: pension meaning in Hindi
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What is pension meaning in Punjabi, pension translation in Punjabi, pension definition, pronunciations and examples of pension in Punjabi.