retirement pension - Meaning in Punjabi
retirement pension - Meaning in Punjabi
Sorry, exact match is not available in the bilingual dictionary.
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Definitions and Meaning of retirement pension in English
retirement pension noun
- a monthly payment made to someone who is retired from work
Synonyms
old-age pension, retirement benefit, retirement check, retirement fund, superannuation
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.
Also See
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What is retirement pension meaning in Punjabi?
The word or phrase retirement pension refers to a monthly payment made to someone who is retired from work. See retirement pension meaning in Punjabi, retirement pension definition, translation and meaning of retirement pension in Punjabi. Find retirement pension similar words, retirement pension synonyms. Learn and practice the pronunciation of retirement pension. Find the answer of what is the meaning of retirement pension in Punjabi.
Other languages: retirement pension meaning in Hindi
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What is retirement pension meaning in Punjabi, retirement pension translation in Punjabi, retirement pension definition, pronunciations and examples of retirement pension in Punjabi.