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Pension

Index Pension

A pension is a fund into which a sum of money is added during an employee's employment years, and from which payments are drawn to support the person's retirement from work in the form of periodic payments. [1]

140 relations: Actuarial science, Actuary, Ad hoc, Algemene Ouderdomswet, Allocation de Solidarité aux Personnes Agées, American Civil War, American Revolution, American Revolutionary War, ANSES, Asset, Australia, Bankruptcy, Bankruptcy Code, Bradley Belt, Canada, Canada Pension Plan, Cash balance plan, Central Provident Fund, Chapter 11, Title 11, United States Code, Civil Service Retirement System, Commission on Veterans' Pensions, CPP Investment Board, Deferred compensation, Defined benefit pension plan, Disability, Dublin Institute for Advanced Studies, Early Irish law, Elderly care, Employee Retirement Income Security Act of 1974, Employees Provident Fund (Malaysia), Employees' Provident Fund Organisation, English Poor Laws, Ernest I, Duke of Saxe-Gotha, Esther Sumner Damon, Federal Employees Retirement System, Financial adviser, Generational accounting, Gotha, Government, Government debt, Ham and Eggs Movement, Individual Pension Plan, Individual retirement account, Insurance, Internal Revenue Service, Investment, Ireland, Kela (Finnish institution), KiwiSaver, Liability (financial accounting), ..., Liberal welfare reforms, Life annuity, Life expectancy, Longevity risk, Lottery, Mandatory Provident Fund (Hong Kong), Mauritius, Mexico Pension Plan, Mutual fund, National Assistance Act 1948, National Employment Savings Trust, National Insurance, National Insurance Act 1911, National Insurance Act 1946, National Pension, National Pension Service, New Zealand, Northern Mariana Islands, OECD, Old Age Security, Old-Age Pensions Act 1908, Otto von Bismarck, Payroll tax, Pension, Pension Benefit Guaranty Corporation, Pension Law Reform, Pension led funding, Pension model, Pension Rights Center, Pension Schemes Act 1993, Pension system in Switzerland, Pensioner, Pensions Act 1995, Pensions Act 2004, Pensions Act 2007, Pensions Act 2008, Pensions Commission, Pensions crisis, Pensions in France, Pensions in the United Kingdom, Pensions Reserve Fund (France), Population ageing, Portability (social security), Progressive Era, Provident fund, Public employee pension plans in the United States, Public sector, Registered Retirement Savings Plan, Republic of Ireland, Republican Party (United States), Retail price index, Retirement, Retirement age, Retirement planning, Retirement plans in the United States, Roth 401(k), Royal Commission on the Poor Laws and Relief of Distress 1905–09, Saskatchewan Pension Plan, Security (finance), Self-invested personal pension, Severance package, Small Self Administered Scheme, Social insurance, Social pension, Social Security (United States), Social Security Contributions and Benefits Act 1992, Social security in Australia, Social security in Sweden, Solvency, South Africa, Stock, Superannuation in Australia, Supplemental Security Income, Target benefit plan, Tax, Tax advantage, Taxation in the Republic of Ireland, The Pensions Regulator, The Wall Street Journal, Thomson Reuters, Trade union, United Kingdom, United States, United States Department of Veterans Affairs, Universities Superannuation Scheme, Vagabonds and Beggars Act 1494, Vanuatu National Provident Fund, Workhouse, World War II, 401(k). Expand index (90 more) »

Actuarial science

Actuarial science is the discipline that applies mathematical and statistical methods to assess risk in insurance, finance and other industries and professions.

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Actuary

An actuary is a business professional who deals with the measurement and management of risk and uncertainty.

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Ad hoc

Ad hoc is a Latin phrase meaning literally "for this".

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Algemene Ouderdomswet

The Algemene Ouderdomswet (general old age pensions act, abbreviated AOW) is a 1956 Dutch law that installed a state pension for all elderly.

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Allocation de Solidarité aux Personnes Agées

The Allocation de solidarité aux personnes âgées (solidarity allowance for the elderly) (ASPA) is a French state pension for elderly people, whether former employees or not, on low incomes.

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American Civil War

The American Civil War (also known by other names) was a war fought in the United States from 1861 to 1865.

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American Revolution

The American Revolution was a colonial revolt that took place between 1765 and 1783.

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American Revolutionary War

The American Revolutionary War (17751783), also known as the American War of Independence, was a global war that began as a conflict between Great Britain and its Thirteen Colonies which declared independence as the United States of America. After 1765, growing philosophical and political differences strained the relationship between Great Britain and its colonies. Patriot protests against taxation without representation followed the Stamp Act and escalated into boycotts, which culminated in 1773 with the Sons of Liberty destroying a shipment of tea in Boston Harbor. Britain responded by closing Boston Harbor and passing a series of punitive measures against Massachusetts Bay Colony. Massachusetts colonists responded with the Suffolk Resolves, and they established a shadow government which wrested control of the countryside from the Crown. Twelve colonies formed a Continental Congress to coordinate their resistance, establishing committees and conventions that effectively seized power. British attempts to disarm the Massachusetts militia at Concord, Massachusetts in April 1775 led to open combat. Militia forces then besieged Boston, forcing a British evacuation in March 1776, and Congress appointed George Washington to command the Continental Army. Concurrently, an American attempt to invade Quebec and raise rebellion against the British failed decisively. On July 2, 1776, the Continental Congress voted for independence, issuing its declaration on July 4. Sir William Howe launched a British counter-offensive, capturing New York City and leaving American morale at a low ebb. However, victories at Trenton and Princeton restored American confidence. In 1777, the British launched an invasion from Quebec under John Burgoyne, intending to isolate the New England Colonies. Instead of assisting this effort, Howe took his army on a separate campaign against Philadelphia, and Burgoyne was decisively defeated at Saratoga in October 1777. Burgoyne's defeat had drastic consequences. France formally allied with the Americans and entered the war in 1778, and Spain joined the war the following year as an ally of France but not as an ally of the United States. In 1780, the Kingdom of Mysore attacked the British in India, and tensions between Great Britain and the Netherlands erupted into open war. In North America, the British mounted a "Southern strategy" led by Charles Cornwallis which hinged upon a Loyalist uprising, but too few came forward. Cornwallis suffered reversals at King's Mountain and Cowpens. He retreated to Yorktown, Virginia, intending an evacuation, but a decisive French naval victory deprived him of an escape. A Franco-American army led by the Comte de Rochambeau and Washington then besieged Cornwallis' army and, with no sign of relief, he surrendered in October 1781. Whigs in Britain had long opposed the pro-war Tories in Parliament, and the surrender gave them the upper hand. In early 1782, Parliament voted to end all offensive operations in North America, but the war continued in Europe and India. Britain remained under siege in Gibraltar but scored a major victory over the French navy. On September 3, 1783, the belligerent parties signed the Treaty of Paris in which Great Britain agreed to recognize the sovereignty of the United States and formally end the war. French involvement had proven decisive,Brooks, Richard (editor). Atlas of World Military History. HarperCollins, 2000, p. 101 "Washington's success in keeping the army together deprived the British of victory, but French intervention won the war." but France made few gains and incurred crippling debts. Spain made some minor territorial gains but failed in its primary aim of recovering Gibraltar. The Dutch were defeated on all counts and were compelled to cede territory to Great Britain. In India, the war against Mysore and its allies concluded in 1784 without any territorial changes.

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ANSES

ANSES (Administración Nacional de la Seguridad Social; National Social Security Administration) is a decentralized Argentine Government social insurance agency managed under the aegis of the Ministry of Labor and Social Security.

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Asset

In financial accounting, an asset is an economic resource.

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Australia

Australia, officially the Commonwealth of Australia, is a sovereign country comprising the mainland of the Australian continent, the island of Tasmania and numerous smaller islands.

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Bankruptcy

Bankruptcy is a legal status of a person or other entity that cannot repay debts to creditors.

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Bankruptcy Code

Bankruptcy Code may refer to.

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Bradley Belt

Bradley Belt is the former executive director of the Pension Benefit Guaranty Corporation (PBGC) in the United States, and an expert on retirement security and its impact on financial markets and the economy.

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Canada

Canada is a country located in the northern part of North America.

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Canada Pension Plan

The Canada Pension Plan (CPP; Régime de pensions du Canada) is a contributory, earnings-related social insurance program.

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Cash balance plan

A cash balance plan is a defined benefit retirement plan that maintains hypothetical individual employee accounts like a defined contribution plan.

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Central Provident Fund

In Singapore, the Central Provident Fund (CPF; Chinese: 公积金, Pinyin: Gōngjījīn) is a compulsory comprehensive savings plan for working Singaporeans and permanent residents primarily to fund their retirement, healthcare, and housing needs.

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Chapter 11, Title 11, United States Code

Chapter 11 is a chapter of Title 11, the United States Bankruptcy Code, which permits reorganization under the bankruptcy laws of the United States.

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Civil Service Retirement System

The Civil Service Retirement System (CSRS) was organized in 1920 and has provided retirement, disability, and survivor benefits for most civilian employees in the United States federal government.

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Commission on Veterans' Pensions

The U.S. President’s Commission on Veterans’ Pensions, commonly known as the Bradley Commission after its chairman General Omar N. Bradley was established by on January 14, 1955, and concluded its business after submitting its final report to President Dwight D. Eisenhower in April 1956.

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CPP Investment Board

The CPP Investment Board (L'office d'investissement du RPC), officially the Canada Pension Plan Investment Board, is a Canadian Crown corporation established by way of the 1997 Canada Pension Plan Investment Board Act, to oversee and invest the funds contributed to and held by the Canada Pension Plan (CPP).

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Deferred compensation

Deferred compensation is an arrangement in which a portion of an employee's income is paid out at a later date after which the income was earned.

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Defined benefit pension plan

A defined benefit pension plan is a type of pension plan in which an employer/sponsor promises a specified pension payment, lump-sum (or combination thereof) on retirement that is predetermined by a formula based on the employee's earnings history, tenure of service and age, rather than depending directly on individual investment returns.

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Disability

A disability is an impairment that may be cognitive, developmental, intellectual, mental, physical, sensory, or some combination of these.

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Dublin Institute for Advanced Studies

The Dublin Institute for Advanced Studies (DIAS) (Institiúid Ard-Léinn Bhaile Átha Cliath) was established in 1940 by the then Taoiseach, Éamon de Valera under the Institute for Advanced Studies Act, 1940 in Dublin, Ireland.

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Early Irish law

Early Irish law, also called Brehon law, comprised the statutes which governed everyday life in Early Medieval Ireland.

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Elderly care

Elderly care, or simply eldercare (also known in parts of the English speaking world as aged care), is the fulfillment of the special needs and requirements that are unique to senior citizens.

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Employee Retirement Income Security Act of 1974

The Employee Retirement Income Security Act of 1974 (ERISA) (codified in part at) is a federal United States tax and labor law that establishes minimum standards for pension plans in private industry.

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Employees Provident Fund (Malaysia)

Employees' Provident Fund (Malay: Kumpulan Wang Simpanan Pekerja) commonly known by the acronym EPF (Malay: KWSP) is a federal statutory body under the purview of the Ministry of Finance.

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Employees' Provident Fund Organisation

The Employees' Provident Fund Organisation (abbreviated to EPFO), is an Organization tasked to assist the Central Board of Trustees, a statutory body formed by the Employees' Provident Fund and Miscellaneous Provisions Act, 1952 and is under the administrative control of the Ministry of Labour and Employment, Government of India.

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English Poor Laws

The English Poor Laws were a system of poor relief which existed in England and Wales that developed out of late-medieval and Tudor-era laws being codified in 1587–98.

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Ernest I, Duke of Saxe-Gotha

Ernest I, called "Ernest The Pious" (Altenburg, Duchy of Saxe-Weimar 25 December 1601 – Schloss Friedenstein, Gotha, 26 March 1675), was a duke of Saxe-Gotha and Saxe-Altenburg.

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Esther Sumner Damon

Esther Sumner Damon (August 1, 1814 - November 11, 1906) was cited as the last widow of the American Revolutionary War to receive a state pension.

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Federal Employees Retirement System

The Federal Employees Retirement System (FERS) is the retirement system for employees within the United States civil service.

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Financial adviser

A financial adviser is a professional who suggests and renders financial services to clients based on their financial situation.

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Generational accounting

Generational accounting is a method of measuring the fiscal burdens facing today's and tomorrow's children.

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Gotha

Gotha is the fifth-largest city in Thuringia, Germany, located west of Erfurt and east of Eisenach with a population of 44,000.

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Government

A government is the system or group of people governing an organized community, often a state.

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Government debt

Government debt (also known as public interest, public debt, national debt and sovereign debt) is the debt owed by a government.

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Ham and Eggs Movement

The Ham and Eggs movement was an old-age pension movement in California during the 1930s.

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Individual Pension Plan

An Individual Pension Plan or IPP is a Canadian retirement savings vehicle.

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Individual retirement account

An individual retirement account (IRA) is a form of "individual retirement plan", provided by many financial institutions, that provides tax advantages for retirement savings in the United States.

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Insurance

Insurance is a means of protection from financial loss.

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Internal Revenue Service

The Internal Revenue Service (IRS) is the revenue service of the United States federal government.

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Investment

In general, to invest is to allocate money (or sometimes another resource, such as time) in the expectation of some benefit in the future – for example, investment in durable goods, in real estate by the service industry, in factories for manufacturing, in product development, and in research and development.

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Ireland

Ireland (Éire; Ulster-Scots: Airlann) is an island in the North Atlantic.

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Kela (Finnish institution)

Kela, abbr.

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KiwiSaver

The KiwiSaver scheme is a New Zealand voluntary long-term savings scheme which came into operation from Monday, 2 July 2007.

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Liability (financial accounting)

In financial accounting, a liability is defined as the future sacrifices of economic benefits that the entity is obliged to make to other entities as a result of past transactions or other past events, the settlement of which may result in the transfer or use of assets, provision of services or other yielding of economic benefits in the future.

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Liberal welfare reforms

The Liberal welfare reforms (1906–1914) were a series of acts of social legislation passed by the British Liberal Party after the 1906 General Election.

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Life annuity

A life annuity is an annuity, or series of payments at fixed intervals, paid while the purchaser (or annuitant) is alive.

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Life expectancy

Life expectancy is a statistical measure of the average time an organism is expected to live, based on the year of its birth, its current age and other demographic factors including gender.

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Longevity risk

A longevity risk is any potential risk attached to the increasing life expectancy of pensioners and policy holders, which can eventually result in higher pay-out ratios than expected for many pension funds and insurance companies.

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Lottery

A lottery is a form of gambling that involves the drawing of numbers for a prize.

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Mandatory Provident Fund (Hong Kong)

The Mandatory Provident Fund, often abbreviated as MPF (強積金), is a compulsory saving scheme (pension fund) for the retirement of residents in Hong Kong.

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Mauritius

Mauritius (or; Maurice), officially the Republic of Mauritius (République de Maurice), is an island nation in the Indian Ocean about off the southeast coast of the African continent.

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Mexico Pension Plan

Mexico reformed its pension system in 1997, transforming it from a pay as you go (PAYG), defined benefit (DB) scheme to a fully funded, private and mandatory defined contribution (DC) scheme.

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Mutual fund

A mutual fund is a professionally managed investment fund that pools money from many investors to purchase securities.

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National Assistance Act 1948

The National Assistance Act 1948 is an Act of Parliament passed in the United Kingdom by the Labour government of Clement Attlee.

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National Employment Savings Trust

The National Employment Savings Trust (NEST) is a defined contribution workplace pension scheme in the United Kingdom.

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National Insurance

National Insurance (NI) is a tax system in the United Kingdom paid by workers and employers for funding state benefits.

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National Insurance Act 1911

The National Insurance Act 1911 created National Insurance, originally a system of health insurance for industrial workers in Great Britain based on contributions from employers, the government, and the workers themselves.

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National Insurance Act 1946

The National Insurance Act 1946 (c 67) was a British Act of Parliament which established a comprehensive system of social security throughout the United Kingdom.

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National Pension

The Japanese national pension is a pension system that all registered residents of Japan, both Japanese and foreign, are required to enroll in.

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National Pension Service

The National Pension Service of Korea (NPS) is a public pension fund in South Korea.

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New Zealand

New Zealand (Aotearoa) is a sovereign island country in the southwestern Pacific Ocean.

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Northern Mariana Islands

The Northern Mariana Islands, officially the Commonwealth of the Northern Mariana Islands (CNMI; Sankattan Siha Na Islas Mariånas; Refaluwasch or Carolinian: Commonwealth Téél Falúw kka Efáng llól Marianas), is an insular area and commonwealth of the United States consisting of 15 islands in the northwestern Pacific Ocean.

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OECD

The Organisation for Economic Co-operation and Development (OECD; Organisation de coopération et de développement économiques, OCDE) is an intergovernmental economic organisation with 35 member countries, founded in 1961 to stimulate economic progress and world trade.

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Old Age Security

The Old Age Security pension (or OAS or OAS-GIS) is a taxable monthly social security payment available to most Canadians 65 years of age or older with individual income less than $122,843.

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Old-Age Pensions Act 1908

The Old-Age Pensions Act 1908 is an Act of Parliament of the United Kingdom, passed in 1908.

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Otto von Bismarck

Otto Eduard Leopold, Prince of Bismarck, Duke of Lauenburg (1 April 1815 – 30 July 1898), known as Otto von Bismarck, was a conservative Prussian statesman who dominated German and European affairs from the 1860s until 1890 and was the first Chancellor of the German Empire between 1871 and 1890.

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Payroll tax

Payroll taxes are taxes imposed on employers or employees, and are usually calculated as a percentage of the salaries that employers pay their staff.

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Pension

A pension is a fund into which a sum of money is added during an employee's employment years, and from which payments are drawn to support the person's retirement from work in the form of periodic payments.

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Pension Benefit Guaranty Corporation

The Pension Benefit Guaranty Corporation (PBGC) is an agency of the United States government that was created by the Employee Retirement Income Security Act of 1974 (ERISA) to encourage the continuation and maintenance of voluntary private defined benefit pension plans, provide timely and uninterrupted payment of pension benefits, and keep pension insurance premiums at the lowest level necessary to carry out its operations.

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Pension Law Reform

Pension Law Reform (1993) Cm 2342, also known as the Goode Report after its leading author, Roy Goode, was a UK government commissioned inquiry into the state of pensions in the United Kingdom, which ultimately led to a set of statutory reforms in the Pensions Act 1995.

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Pension led funding

Pension Led Funding (PLF) is a financial services product offered in the United Kingdom (UK) that raises funds for businesses based upon the use of pension benefits accrued by owners or directors of the business they control.

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Pension model

The pension system and its financing are some of the most important but also some of the most difficult roles of a modern country.

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Pension Rights Center

The Pension Rights Center is a nonprofit consumer advocacy organization established in 1976.

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Pension Schemes Act 1993

The Pension Schemes Act 1993 is a United Kingdom Act of Parliament that concerns the administration of occupational pensions.

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Pension system in Switzerland

The Swiss pension system rests on three pillars.

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Pensioner

A pensioner is a person who collects a pension, most commonly because of retirement from the workforce.

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Pensions Act 1995

The Pensions Act 1995 is a piece of United Kingdom legislation to improve the running of pension schemes.

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Pensions Act 2004

The Pensions Act 2004 (c 35) is an Act of the Parliament of the United Kingdom to improve the running of pension schemes.

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Pensions Act 2007

The Pensions Act 2007 (c 22) is an Act of the Parliament of the United Kingdom.

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Pensions Act 2008

The Pensions Act 2008 is an Act of the Parliament of the United Kingdom.

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Pensions Commission

The Pensions Commission was a non-departmental public body in the United Kingdom, reporting to the Secretary of State for Work and Pensions, set up to keep under review the regime for UK private pensions and long-term savings.

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Pensions crisis

The pensions crisis or pensions timebomb is the predicted difficulty in paying for corporate, state, and federal pensions in the world, due to a difference between pension obligations and the resources set aside to fund them.

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Pensions in France

Pensions in France fall into five major divisions;.

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Pensions in the United Kingdom

Pensions in the United Kingdom fall into three major divisions and 7 sub-divisions, including both defined-benefit and defined-contribution.

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Pensions Reserve Fund (France)

The French Reserve Fund (Fonds de Réserve pour les Retraites ou FRR) is an administrative public establishment created by law n°2001-624 dated 17 July 2001.

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Population ageing

Population ageing is an increasing median age in the population of a region due to declining fertility rates and/or rising life expectancy.

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Portability (social security)

The portability of social security benefits is the ability of workers to preserve, maintain, and transfer acquired social security rights and social security rights in the process of being acquired from one private, occupational, or public social security scheme to another.

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Progressive Era

The Progressive Era was a period of widespread social activism and political reform across the United States that spanned from the 1890s to the 1920s.

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Provident fund

Provident fund is another name for pension fund.

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Public employee pension plans in the United States

In the United States, public sector pensions are offered by federal, state and local levels of government.

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Public sector

The public sector (also called the state sector) is the part of the economy composed of both public services and public enterprises.

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Registered Retirement Savings Plan

A Registered Retirement Savings Plan (RRSP), or Retirement Savings Plan (RSP), is a type of Canadian account for holding savings and investment assets.

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Republic of Ireland

Ireland (Éire), also known as the Republic of Ireland (Poblacht na hÉireann), is a sovereign state in north-western Europe occupying 26 of 32 counties of the island of Ireland.

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Republican Party (United States)

The Republican Party, also referred to as the GOP (abbreviation for Grand Old Party), is one of the two major political parties in the United States, the other being its historic rival, the Democratic Party.

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Retail price index

In the United Kingdom, the retail prices index or retail price index (RPI) is a measure of inflation published monthly by the Office for National Statistics.

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Retirement

Retirement is the withdrawal from one's position or occupation or from one's active working life.

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Retirement age

This article lists the statutory retirement age in different countries.

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Retirement planning

Retirement planning, in a financial context, refers to the allocation of savings or revenue for retirement.

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Retirement plans in the United States

A retirement plan is a financial arrangement designed to replace employment income upon retirement.

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Roth 401(k)

The Roth 401(k) is a type of retirement savings plan.

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Royal Commission on the Poor Laws and Relief of Distress 1905–09

The Royal Commission on the Poor Laws and Relief of Distress 1905–09 was a body set up by the British Parliament in order to investigate how the Poor Law system should be changed.

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Saskatchewan Pension Plan

The Saskatchewan Pension Plan (SPP) is a voluntary money purchase defined contribution pension plan created by the Government of Saskatchewan.

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Security (finance)

A security is a tradable financial asset.

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Self-invested personal pension

A self-invested personal pension (SIPP) is the name given to the type of UK government-approved personal pension scheme, which allows individuals to make their own investment decisions from the full range of investments approved by HM Revenue and Customs (HMRC).

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Severance package

A severance package is pay and benefits employees receive when they leave employment at a company.

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Small Self Administered Scheme

Small Self Administered Scheme (SSAS) is a type of UK Occupational Pension Scheme.

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Social insurance

Social insurance is any government-sponsored program with the following four characteristics.

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Social pension

A social pension (also known as a non-contributory pension) is a regular cash transfer to older people.

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Social Security (United States)

In the United States, Social Security is the commonly used term for the federal Old-Age, Survivors, and Disability Insurance (OASDI) program and is administered by the Social Security Administration.

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Social Security Contributions and Benefits Act 1992

The Social Security Contributions and Benefits Act 1992 is the primary legislation concerning the state retirement provision, accident insurance, statutory sick pay and maternity pay in the United Kingdom.

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Social security in Australia

Social security, in Australia, refers to a system of social welfare payments provided by Commonwealth Government of Australia.

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Social security in Sweden

Social security in Sweden is one of the parts of the Swedish welfare system and consists of various social insurances handled by the National Agency for Social Insurance (Swedish; Försäkringskassan), and also welfare given out on a need basis by local municipalities.

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Solvency

Solvency, in finance or business, is the degree to which the current assets of an individual or entity exceed the current liabilities of that individual or entity.

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South Africa

South Africa, officially the Republic of South Africa (RSA), is the southernmost country in Africa.

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Stock

The stock (also capital stock) of a corporation is constituted of the equity stock of its owners.

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Superannuation in Australia

Superannuation in Australia is the arrangements put in place by the Government of Australia to assist people in Australia to accumulate money for an income in retirement.

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Supplemental Security Income

Supplemental Security Income (SSI) is a United States government means-tested welfare program that provides cash assistance and health care coverage (i.e., Medicaid) to people with low-income and limited assets who are either aged 65 or older, blind, or disabled (children included).

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Target benefit plan

A target benefit plan is a type of pension plan that is similar to a defined contribution plan in that it involves fixed contributions, or a fixed range of contributions, which are set independently of a plan’s funded position.

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Tax

A tax (from the Latin taxo) is a mandatory financial charge or some other type of levy imposed upon a taxpayer (an individual or other legal entity) by a governmental organization in order to fund various public expenditures.

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Tax advantage

Tax advantage refers to the economic bonus which applies to certain accounts or investments that are, by statute, tax-reduced, tax-deferred, or tax-free.

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Taxation in the Republic of Ireland

In Ireland there is an income tax, a value added tax (VAT), and various other taxes.

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The Pensions Regulator

The Pensions Regulator is a non-departmental public body which holds the position of the regulator of work-based pension schemes in the UK.

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The Wall Street Journal

The Wall Street Journal is a U.S. business-focused, English-language international daily newspaper based in New York City.

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Thomson Reuters

Thomson Reuters Corporation is a Canadian multinational mass media and information firm.

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Trade union

A trade union or trades union, also called a labour union (Canada) or labor union (US), is an organization of workers who have come together to achieve many common goals; such as protecting the integrity of its trade, improving safety standards, and attaining better wages, benefits (such as vacation, health care, and retirement), and working conditions through the increased bargaining power wielded by the creation of a monopoly of the workers.

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United Kingdom

The United Kingdom of Great Britain and Northern Ireland, commonly known as the United Kingdom (UK) or Britain,Usage is mixed with some organisations, including the and preferring to use Britain as shorthand for Great Britain is a sovereign country in western Europe.

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United States

The United States of America (USA), commonly known as the United States (U.S.) or America, is a federal republic composed of 50 states, a federal district, five major self-governing territories, and various possessions.

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United States Department of Veterans Affairs

The United States Department of Veterans Affairs (VA) is a federal Cabinet-level agency that provides near-comprehensive healthcare services to eligible military veterans at VA medical centers and outpatient clinics located throughout the country; several non-healthcare benefits including disability compensation, vocational rehabilitation, education assistance, home loans, and life insurance; and provides burial and memorial benefits to eligible veterans and family members at 135 national cemeteries.

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Universities Superannuation Scheme

The Universities Superannuation Scheme is a pension scheme in the United Kingdom with over £50 billion under management.

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Vagabonds and Beggars Act 1494

The Vagabonds and Beggars Act 1494 was an Act of Parliament passed during the reign of Henry VII.

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Vanuatu National Provident Fund

The Vanuatu National Provident Fund (VNPF) is a compulsory pension scheme in Vanuatu.

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Workhouse

In England and Wales a workhouse, colloquially known as a spike, was a place where those unable to support themselves were offered accommodation and employment.

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World War II

World War II (often abbreviated to WWII or WW2), also known as the Second World War, was a global war that lasted from 1939 to 1945, although conflicts reflecting the ideological clash between what would become the Allied and Axis blocs began earlier.

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401(k)

In the United States, a 401(k) plan is the tax-qualified, defined-contribution pension account defined in subsection 401(k) of the Internal Revenue Code.

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References

[1] https://en.wikipedia.org/wiki/Pension

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