Meaning of "pension" in the English dictionary

ETYMOLOGY OF THE WORD PENSION

Via Old French from Latin pēnsiō a payment, from pendere to pay.

Etymology is the study of the origin of words and their changes in structure and significance.

PRONUNCIATION OF PENSION

pension  [ˈpɛnʃən]

GRAMMATICAL CATEGORY OF PENSION

Pension is a verb and can also act as a noun.

A noun is a type of word the meaning of which determines reality. Nouns provide the names for all things: people, objects, sensations, feelings, etc.

The verb is the part of the sentence that is conjugated and expresses action and state of being.

See the conjugation of the verb pension in English.

WHAT DOES PENSION MEAN IN ENGLISH?

Pension

A pension is a fixed sum to be paid regularly to a person, typically following retirement from service. There are many different types of pensions, including defined benefit plans, defined contribution plans, as well as several others. Pensions should not be confused with severance pay; the former is paid in regular installments, while the latter is paid in one lump sum. The terms retirement plan and superannuation refer to a pension granted upon retirement of the individual. Retirement plans may be set up by employers, insurance companies, the government or other institutions such as employer associations or trade unions. Called retirement plans in the United States, they are commonly known as pension schemes in the United Kingdom and Ireland and superannuation plans in Australia and New Zealand. Retirement pensions are typically in the form of a guaranteed life annuity, thus insuring against the risk of longevity. 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 fund pensions.

Definition of pension in the English dictionary

The first definition of pension in the dictionary is a regular payment made by the state to people over a certain age to enable them to subsist without having to work. Other definition of pension is a regular payment made by an employer to former employees after they retire. Pension is also a regular payment made to a retired person as the result of his or her contributions to a personal pension scheme.

CONJUGATION OF THE VERB TO PENSION

PRESENT

Present

I pension

you pension

he/she/it pensions

we pension

you pension

they pension

Present continuous

I am pensioning

you are pensioning

he/she/it is pensioning

we are pensioning

you are pensioning

they are pensioning

Present perfect

I have pensioned

you have pensioned

he/she/it has pensioned

we have pensioned

you have pensioned

they have pensioned

Present perfect continuous

I have been pensioning

you have been pensioning

he/she/it has been pensioning

we have been pensioning

you have been pensioning

they have been pensioning

Present tense is used to refer to circumstances that exist at the present time or over a period that includes the present time. The present perfect refers to past events, although it can be considered to denote primarily the resulting present situation rather than the events themselves.

PAST

Past

I pensioned

you pensioned

he/she/it pensioned

we pensioned

you pensioned

they pensioned

Past continuous

I was pensioning

you were pensioning

he/she/it was pensioning

we were pensioning

you were pensioning

they were pensioning

Past perfect

I had pensioned

you had pensioned

he/she/it had pensioned

we had pensioned

you had pensioned

they had pensioned

Past perfect continuous

I had been pensioning

you had been pensioning

he/she/it had been pensioning

we had been pensioning

you had been pensioning

they had been pensioning

Past tense forms express circumstances existing at some time in the past,

FUTURE

Future

I will pension

you will pension

he/she/it will pension

we will pension

you will pension

they will pension

Future continuous

I will be pensioning

you will be pensioning

he/she/it will be pensioning

we will be pensioning

you will be pensioning

they will be pensioning

Future perfect

I will have pensioned

you will have pensioned

he/she/it will have pensioned

we will have pensioned

you will have pensioned

they will have pensioned

Future perfect continuous

I will have been pensioning

you will have been pensioning

he/she/it will have been pensioning

we will have been pensioning

you will have been pensioning

they will have been pensioning

The future is used to express circumstances that will occur at a later time.

CONDITIONAL

Conditional

I would pension

you would pension

he/she/it would pension

we would pension

you would pension

they would pension

Conditional continuous

I would be pensioning

you would be pensioning

he/she/it would be pensioning

we would be pensioning

you would be pensioning

they would be pensioning

Conditional perfect

I would have pension

you would have pension

he/she/it would have pension

we would have pension

you would have pension

they would have pension

Conditional perfect continuous

I would have been pensioning

you would have been pensioning

he/she/it would have been pensioning

we would have been pensioning

you would have been pensioning

they would have been pensioning

Conditional or "future-in-the-past" tense refers to hypothetical or possible actions.

IMPERATIVE

Imperative

you pension
we let´s pension
you pension

The imperative is used to form commands or requests.

NONFINITE VERB FORMS

Infinitive

to pension

Past participle

pensioned

Present Participle

pensioning

Infinitive shows the action beyond temporal perspective. The present participle or gerund shows the action during the session. The past participle shows the action after completion.

SYNONYMS OF «PENSION»

The following words have a similar or identical meaning as «pension» and belong to the same grammatical category.

synonyms of pension

allowance · annuity · benefit · superannuation · welfare

TRANSLATION OF PENSION

Find out the translation of pension to 25 languages with our English multilingual translator.

The translations of pension from English to other languages presented in this section have been obtained through automatic statistical translation; where the essential translation unit is the word «pension» in English.

• Translator English - Chinese: 退休金
• Translator English - Spanish: pensión
• English: pension
• Translator English - Hindi: पेंशन
• Translator English - Arabic: مَعَاشٌ
• Translator English - Russian: пенсия
• Translator English - Portuguese: aposentadoria
• Translator English - Bengali: পেনশন
• Translator English - French: retraite
• Translator English - Malay: Pencen
• Translator English - German: Rente
• Translator English - Japanese: 年金
• Translator English - Korean: 연금
• Translator English - Javanese: Pensiun
• Translator English - Vietnamese: lương hưu
• Translator English - Tamil: ஓய்வூதிய
• Translator English - Marathi: पेन्शन
• Translator English - Turkish: emeklilik
• Translator English - Italian: pensione
• Translator English - Polish: emerytura
• Translator English - Ukrainian: пенсія
• Translator English - Romanian: pensie
• Translator English - Greek: σύνταξη
• Translator English - Afrikaans: pensioen
• Translator English - Swedish: pension
• Translator English - Norwegian: pensjon

10 QUOTES WITH «PENSION»

Famous quotes and sentences with the word pension.

1

Darren Aronofsky

These wrestlers aren't organized. They have no union, no pension and no insurance. You meet wrestler after wrestler who sold out Madison Square Garden ten years ago, basically running on fumes today. There's a lot of drama there.

2

Steve Bartlett

Pension reforms, like investment advice and automatic enrollment, will strengthen the ability of Americans to save and invest for retirement.

3

Martin Bashir

I had a pension that I was paying into for 27 years... It's now worth less than a Herman Cain endorsement.

4

Arthur C. Brooks

There is nothing inherently fair about equalizing incomes. If the government penalizes you for working harder than somebody else, that is unfair. If you save your money but retire with the same pension as a free-spending neighbor, that is also unfair.

5

Jerry Brown

Pension reform can be hard to talk about. In the long run, reform now means fewer demands for layoffs and less draconian measures in the future. It's in the best interest of all Californians to fix this system now.

6

Jim Brown

The NFL pension is the worst in the world of business. It's an embarrassment.

7

Sarah Wayne Callies

You don't take a job in acting at all expecting 25 years in and a pension.

8

Ha-Joon Chang

Many financial and industrial companies have been bailed out with the public's money, but very few of those who had run those companies have been punished for their failures. Yes, the top managers of those companies have lost their jobs - but with a fat pension and mostly with a handsome severance payment.

9

Chris Christie

A retired teacher paid $62,000 towards her pension and nothing, yes nothing, for full family medical, dental and vision coverage over her entire career. What will we pay her? $1.4 million in pension benefits and another $215,000 in health care benefit premiums over her lifetime.

10

Chris Christie

They said it was impossible to touch the third rail of politics, to take on public-sector unions and to reform a pension and health benefits system that was headed to bankruptcy. But with bipartisan leadership, we saved taxpayers $132 billion dollars over 30 years and saved retirees their pensions. We did it.

10 ENGLISH BOOKS RELATING TO «PENSION»

Discover the use of pension in the following bibliographical selection. Books relating to pension and brief extracts from same to provide context of its use in English literature.

Pension Mathematics with Numerical Illustrations

From the Pension Research Council of the Wharton School

Howard E. Winklevoss, 1993

Pension Economics

While not attempting to train readers as professional economists, this book aims to provide a secure grounding in the theory and practice of economics insofar as it deals with pension matters.

David Blake, 2006

Market-Valuation Methods in Life and Pension Insurance

The book will be of great interest and use to students and practitioners who need an introduction to this area, and who seek a practical yet sound guide to life insurance accounting and product development.

Thomas Møller, Mogens Steffensen, 2007

Pension Fund Excellence: Creating Value for Stockholders

In this book, two leading pension fund experts lay out a comprehensive plan for effective fund management.

Keith P. Ambachtsheer, D. Don Ezra, 1998

Pension Finance

This book provides a secure grounding in the theory and practice of finance insofar as it deals with pension matters.

David Blake, 2006

Good Governance for Pension Schemes

This volume brings together leading practitioners to provide an overview of what today constitutes good governance for pension schemes, from both a legal and a practical perspective.

Paul Thornton, Donald Fleming, 2011

Public Pension Fund Management: Governance, Accountability, ...

This publication contains the proceedings of an international conference, organised by the World Bank and held in May 2003, to consider issues of governance, accountability, transparency and investment in relation to the management of ...

Alberto R. Musalem, Robert J. Palacios, 2004

Pension Wise: Confronting Employer Pension Underfunding – ...

In Pension Wise: Confronting Employer Pension Underfunding—And Sparing Taxpayers the Next Bailout, Charles Blahous—one of the nation’s foremost retirement security experts—explains the origins and dangers of current underfunding in ...

Charles Blahous, 2010

Pension Schemes and Pension Funds in the United Kingdom

In this up-to-date and thorough exposition of state pension schemes and the activities of pension funds in Britain, David Blake combines a wealth of institutional detail and an examination of important policy issues to outline an ideal ...

David Blake, 1995

Pension Plans and Employee Performance: Evidence, Analysis, ...

Chief economist for the Pension Benefit Guaranty Corporation and formerly with the U.S. Department of Labor, Richard A. Ippolito shows how pension plans can attract and retain more dedicated and productive workers.

Richard A. Ippolito, 1997

10 NEWS ITEMS WHICH INCLUDE THE TERM «PENSION»

Find out what the national and international press are talking about and how the term pension is used in the context of the following news items.

Minister: Act now or lose pension tax relief

The Treasury is understood to be lobbying for a radical overhaul of the pension contribution tax relief system. George Osborne announced a ... «Telegraph.co.uk, Jul 15»

The staggering cost of accessing your pension

Pension freedom can come at a surprisingly high cost when you want to withdraw your money. Photograph: Eric Gaillard/Reuters. «The Guardian, Jul 15»

Pension fund trustees seek billions in damages from state

TRENTON — In the latest salvo in the battle between New Jersey and its public workers, the heads of the state's largest pension funds are ... «NJ.com, Jul 15»

Cop who watched child die denied pension for PTSD

Officer Jeanette Hernandez, left, says watching Halii McCord, right, die was traumatizing and she wants a disability pension. Photo: J.C. Rice ... «New York Post, Jul 15»

Police pension windfall hits £100m after ministers sums blunder

A Government pension blunder means that frontline staff who retired between December 2001 and late 2006 had 25 per cent cut from their ... «Scottish Daily Record, Jul 15»

Retiree insurance, pension rate brought to budget debate

Another Senate budget item would automatically decrease a fixed rate of return on state pension fund investments that helps calculate the ... «SFGate, Jul 15»

£1.1bn pension deficit emerges across 45 of the North East and …

A £1.1bn deficit in the pension funds of 45 top business in the North East and Yorkshire has developed. Research from professional services ... «ChronicleLive, Jul 15»

Crooks in £1bn pension swindle

Savers are particularly at risk from bogus schemes linked to the new pension freedoms which started in April this year. Regulators fear that ... «Express.co.uk, Jul 15»

Anna Hazare demands 'One Rank One Pension' scheme

Currently, the amount of pension paid to ex-servicemen of the same rank differs -- depending on when they retired. A section of the former ... «Economic Times, Jul 15»

Government working on One Rank One Pension: Venkaiah Naidu

BENGALURU: Union Minister M Venkaiah Naidu today said that the Modi government holds the armed forces and their families in highest ... «Economic Times, Jul 15»