A specified sum paid regularly to a person who has reached a certain age or retired from employment. It is normally paid from the date of reaching the specified age or the retirement date until death. A widow may also receive a pension from the date of her husband's death. In the UK, contributory retirement pensions are usually paid by the state from the normal retirement age (currently 65 for men and 60 for women, gradually adjusting from 2010 to 65 for both) irrespective of whether or not the pensioners have retired from full-time employment. A non-working wife or widow also receives a state pension based on her husband's contributions. Since 1978 state pensions have been augmented by the State Earnings-Related Pension Scheme (SERPS); this is now gradually being replaced by a non-earnings-related scheme, the State Second Pension. Employers can contract out of this additional state pension scheme provided that they replace it with an approved occupational pension scheme, personal pension scheme, or stakeholder pension schemeThe private sector of the insurance industry also provides a wide variety of pensions, annuity, and endowment assurances Financial analysts predict a major pensions crisis in the mid-21st century, since demographic trends will produce an ever-growing number of people beyond retirement age drawing on insufficient state and personal provision.

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  • pension — [ pɑ̃sjɔ̃ ] n. f. • pensiun « paiement, récompense » 1225; lat. pensio « pesée, paiement », de pendere « peser, payer » 1 ♦ Allocation périodique versée régulièrement à une personne. ⇒ allocation, dotation. Pension de retraite. ⇒ 1. retraite.… …   Encyclopédie Universelle

  • pension — PENSION. s. f. Somme d argent que l on donne pour estre logé & nourri. Bonne, forte, mediocre pension. payer pension. il a payé les deux premiers quartiers de sa pension. voilà un quartier de vostre pension escheu. Il signifie aussi le Lieu où l… …   Dictionnaire de l'Académie française

  • pensión — sustantivo femenino 1. Cantidad de dinero que recibe una persona todos los meses por encontrarse en determinadas circunstancias: pensión de invalidez, pensión de viudedad. Han subido las pensiones de los jubilados. El padre no le pasa a su mujer… …   Diccionario Salamanca de la Lengua Española

  • pension — pen·sion n: money paid under given conditions to a person following retirement or to surviving dependents see also defined benefit plan, defined contribution plan Merriam Webster’s Dictionary of Law. Merriam Webster. 1996 …   Law dictionary

  • pensión — (Del lat. pensĭo, ōnis). 1. f. Cantidad periódica, temporal o vitalicia, que la seguridad social paga por razón de jubilación, viudedad, orfandad o incapacidad. 2. Auxilio pecuniario que bajo ciertas condiciones se concede para estimular o… …   Diccionario de la lengua española

  • pension — PENSIÓN, pensioane, s.n. Instituţie particulară de învăţământ din trecut (unde elevii erau găzduiţi în perioada şcolarizării); pensionat. [pr.: si on. – var.: (înv.) pansión s.n.] – Din fr. pension. Trimis de RACAI, 21.10.2003. Sursa: DEX 98 … …   Dicționar Român

  • Pensión — Saltar a navegación, búsqueda Para otros usos de este término, véase hostelería. Para otros usos de este término, véase pensión alimenticia. Una pensión es un plan de jubilación que pretende ofrecer a una persona unos ingresos seguros de por vida …   Wikipedia Español

  • pension — [pen′shən; ] for n [.] 3 [, ] Fr [ pän syōn′] n. [ME pensioun < MFr < L pensio, a paying < pp. of pendere, to weigh, pay, hang: see PENDANT] 1. a payment, not wages, made regularly to a person (or to his family) who has fulfilled certain …   English World dictionary

  • Pension — stammt über das frz. vom lat. pensio „Abwägen, Auszahlung, Abgabe“ ab und hat mehrere Bedeutungen, z. B.: Pension (Altersversorgung), eine Altersversorgung für Personen, die das Ruhestandsalter erreicht haben Pension (Unterkunft),… …   Deutsch Wikipedia

  • Pension — Sf Ruhestand(sgeld); Fremdenunterkunft std. (15. Jh.) Entlehnung. Entlehnt aus frz. pension Gehalt, Ruhegehalt , dieses aus l. pēnsio ( ōnis) Zahlung, Auszahlung , eigentlich Abwägen , zu l. pendere (pēnsum) wägen, abwägen , eigentlich… …   Etymologisches Wörterbuch der deutschen sprache

  • pension — Pension, Pensio. Petite pension, Pentiuncula. Pension pour un mois, Menstruum. Annuelle pension, Annuum. Il a pension de l estat du Roy, Annua congiaria a rationario publico habet, B …   Thresor de la langue françoyse

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