I.nounCOLLOCATIONS FROM OTHER ENTRIES
a pension fund (=for paying pensions)
▪ the country’s largest private pension fund
a pension scheme
▪ Does your employer offer a pension scheme?
benefit/holiday/pension etc entitlement
▪ The paid holiday entitlement is 25 days.
old age pension
pension book
pension fund
pension plan
pension scheme
receive payment/money/a pension etc
▪ They will be entitled to receive unemployment benefit.
State Second Pension, the
COLLOCATIONS FROM CORPUS
■ ADJECTIVE
additional
▪ For those older people with an income below a defined level additional pensions are payable.
▪ The white client's basic and additional pensions can take him or her well above these levels.
▪ You can also get a forecast of the additional earnings-related pension to which you are entitled.
▪ Not surprisingly, the state has also interested itself in providing additional pension coverage.
▪ After retirement, the additional pension increases in line with prices, like the basic pension.
▪ The state will then increase the additional pension by its own inflation-proofing minus that amount.
▪ Moving from job to job makes no difference to the additional pension.
annual
▪ Usually, for every £1 of annual pension you give up at 60, you will receive a lump sum of £11.
▪ Not only must male and female employees make identical contributions, they must also get identical annual pensions.
▪ For example, Ahearn said, late December and early January are the busiest period for required annual pension filings.
▪ So, to generate the same annual pension, they should in theory pay more.
basic
▪ Your basic pension may be increased if you are supporting a dependent spouse or children.
▪ However, to get any basic pension you must satisfy two conditions.
▪ The unions, and Jack Jones's pensioners lobby, want the historic link between basic state pensions and average earnings restored.
▪ In money terms, the value is about 60 percent of the level of basic pension to which their husband is entitled.
▪ The lower earnings limit is the same level as the basic retirement pension.
▪ The only way in which that can be addressed sensibly is by putting extra money into the basic state pension.
▪ If your only source of income is your basic State pension, you are likely to be entitled to income support.
▪ The white client's basic and additional pensions can take him or her well above these levels.
corporate
▪ However, the administration of corporate pensions will remain in Edinburgh, where 200 people are currently employed.
▪ But Clinton said he vetoed that bill, partly because Republicans removed restrictions on corporate raids on pension funds.
full
▪ The Sheehy plan could mean he would have to stay to 60 to get a full pension.
▪ A citizen's pension At present many people do not receive the full basic state pension.
▪ Mr Marr says that most people do not use their full personal pension contribution allowances.
▪ If you are separated, you can be worse off if you do not have a full pension in your own right.
▪ This had become operational in 1978, although full earnings-related pensions were not due to come into effect until 1998.
national
▪ Older married women are less likely than men to receive a National Insurance retirement pension in their own right.
▪ He was struck off in 1998, but still receives a National Health Service pension.
occupational
▪ Changing supplementary and housing benefit would be more contentious than reforming occupational pensions.
▪ As illustrated inPart I, there has been a growth in occupational pension schemes.
▪ Their importance is expected to increase as higher percentages of those approaching retirement age are members of occupational pension schemes.
▪ Thus, for example, one of the major sources of income of elderly people is the occupational pension.
▪ The expansion of occupational and personal pensions remained a firm objective of the reforms.
▪ At the end of November 1983, I announced that I was going to head an inquiry into occupational pensions.
▪ It is only a limited number of pensioners who at present enjoy substantial occupational pensions.
▪ Part-time workers were more likely to work for an employer who did not offer an occupational pension scheme.
old
▪ There is no capacity to discuss a trade-off of 1,000 million between tax relief on pensions and higher cash old age pensions.
▪ Charles Booth argued, probably correctly, that old age pensions would encourage children to take in elderly parents.
▪ Your new employer might appear to place a disconcertingly low valuation on your old company pension rights.
▪ The Labour Party's pre-war proposals for improved old age pensions had included a retirement qualification.
▪ Universal state old age pensions were introduced by the Old Age Pensions Act of 1908, workmen's insurance in 1911.
▪ The rise in my old age pension is £2.25 a week.
▪ If you have an older personal pension, you should check out the details of your plan.
personal
▪ They may encourage home ownership, or private health insurance or personal pensions.
▪ As from July 1988, however, the rules for self-employed pensions were also altered to bring them in line with personal pensions.
▪ But what if you have a personal pension but do not yet have sufficient cash funds to top up your policy?
▪ A major advantage of a personal pension is that if you change jobs you can take it with you without penalty.
▪ In 1988 there is to be a new system of personal pensions, explained on page 76.
▪ On low earnings the rebate payments will be too small to justify the personal pension plan charges.
▪ More than 4.6m people have contracted out of the state scheme into personal pension plans since their introduction in 1986.
▪ Some people covered by the conventional company scheme might prefer a personal pension.
private
▪ How is the free-market economy to be reconciled with continued large-scale tax concessions for house mortgages and private pensions?
▪ President Clinton is also tinkering with private pension plans to finance his own social agenda.
▪ Their ambitions were to own their own homes and have private pensions.
▪ Young working-class as much as middle-class respondents wanted home ownership, private pensions, meals out and foreign holidays.
▪ A second example concerns private pensions.
▪ Many employees run private pension schemes, but often these won't provide enough income to give you a really comfortable lifestyle.
▪ Alongside it, private provision of pensions, health care, education and housing has also expanded.
▪ Despite the spread of private pensions, 75 percent of pensioners lived on less than £3,500 a year.
supplementary
▪ And for most pensioners, even those with supplementary pensions or savings, the state pension is their financial lifeline.
▪ From April 1988 the supplementary pension system will cease to exist and will be replaced by income support.
▪ Up to April 1988 this was known as supplementary pension and was the arm of the supplementary benefit system catering for older people.
▪ Like supplementary pension it tops up your income to the amount the government says you need to live on.
▪ As with supplementary pension you are supposed to pay for heating out of weekly income.
▪ If you're not receiving supplementary pension, you have to claim yourself from the council.
▪ Married couples were most likely to have occupational pensions and least likely to have a supplementary pension.
■ NOUN
arrangement
▪ His benefit package may include the payment of school fees for his children and the continuation of pension arrangements.
▪ Obviously, the purpose is to ensure that the best possible pensions arrangements are reached.
▪ Some people, therefore, need make no changes to their pension arrangements.
▪ House and car provided as well as salary, expenses and appropriate pension arrangements.
▪ It is for employers to set up suitable pension arrangements for their employees.
▪ In December I learned my pension arrangements had turned to dust.
▪ And the pension arrangements are remarkably good.
▪ What is the point of meeting to discuss pension arrangements when Hon. Members are deciding what the pension arrangements are to be?
benefit
▪ The Inland Revenue sets limits on pension benefits which members of company schemes can receive.
▪ But median wages are going nowhere, health and pension benefits are declining.
▪ Pay-as-you-go means that the present pension benefits are provided through the taxation system.
▪ Thousands of workplace safety and pension benefit inspections and investigations have been canceled or postponed.
▪ He had applied to make available some of his pension benefits accrued during his 20 years as a businessman.
▪ The pension benefits are taxed, taking into account personal tax relief.
▪ As officially married couples, gay men and lesbians will be able to claim pension benefits if a partner dies.
▪ Pittston also demanded an end to the full health-care plan, and sought cuts in health and pension benefits for retired miners.
book
▪ Read in studio An eighty four year old man has foiled a mugger who tried to steal his pension book.
▪ Voice over Unfortunately the attackers escaped, but without the pension book.
▪ Her inner pockets are stuffed with pension book, handkerchiefs and tubes of Parma Violet sweets for the breath.
▪ Explaining that pension books may be kept and used by residents themselves if they wish.
▪ On leaving the field, Mickey found a purse containing four pounds, a pension book and a set of house keys.
▪ When claiming a concession, you will be asked to produce your pension book as proof of entitlement.
▪ Read in studio A 93 year old woman has been tricked out of her life savings and pension book.
contribution
▪ Then, we've tax, insurance, local government rates, pension contributions, and the mortgage.
▪ General operating expenses, including salaries and pension contributions, grew 3. 4 percent, to 92. 927 billion pesetas.
▪ Of course these wages do not include the company's pension contributions to the individuals concerned.
▪ The government believes it would be political suicide to allow pension contributions to rise above 30 percent.
▪ Earnings figures exclude share options and pension contributions.
▪ The pension contribution will continue for many years.
▪ Surprisingly, the government has managed to sell this idea to employers, who pay half of the pension contributions.
entitlement
▪ There is no evidence to suggest that they made substantial wartime gains in terms of occupational pension entitlements.
▪ Each order is your pension entitlement for one week and is valid for 12 weeks after the date shown on the voucher.
▪ The research seeks to understand what factors influence older women's employment and their pension entitlements.
▪ The Government should review its own employees' retirement age and early pension entitlements to allow older people greater choice.
▪ Wealth, other than pension entitlements, can be quickly turned into cash or used as security against which to borrow.
▪ Different schemes have different ways of determining how members' pension entitlements are calculated.
fund
▪ This latter group included building societies, insurance companies, pension funds, unit and investment trusts.
▪ I telephone a woman at Central States, which is the big Teamster pension fund.
▪ There are 160,000 schemes, albeit many of them small, and there are about 12 million members in pension funds.
▪ Splitting such obvious assets as the matrimonial home may be strewn with problems, but what about an accrued pension fund?
▪ Note that eurobonds are unlikely to attract tax exempt investors such as pension funds, given the lower yield associated with bearer status.
▪ We have greatly tightened the protection of pension fund members over recent years.
▪ Indeed, it is something of an anomaly that there is no self regulatory organisation for the pension fund industry.
funds
▪ We will reform the law so that pension funds belong to their members, not to employers.
▪ Between their hold on giant pension funds and their private wealth, they dominate political, economic, and social policy.
▪ Continuing growth has meant that as investors, insurance companies and pension funds represent a major influence in the assets markets.
▪ Institutional investors like insurance companies and pension funds now control billions of dollars.
▪ This is primarily designed for small, self-administered pension funds.
▪ The lawsuit would likely allege that Symington got the loan because he deliberately misled the pension funds about his financial condition.
▪ There has been a certain degree of controversy in recent years over the practice of self-investment by pension funds.
▪ The sale will recoup a small portion of the money stolen from company pension funds by the publisher.
payment
▪ You will have real choice as to how your pension payments are invested.
▪ Contributions are earnings related, paid by both employer and employees, as are the pension payments.
▪ Even after the latest concession, pension payments would be lower than before.
▪ The Government is also expected to make its long-awaited decision on equality of pension payments by the end of the year.
▪ Most significantly, temporary emergency grants totalling £2,500,000 were made available to assist pension schemes unable to maintain pension payments.
▪ Although they provide a guaranteed pension payment, the return on investment is usually very low.
▪ And she adds: But Alan Govier from Oxford hasn't received a penny in pension payments.
▪ The company said Mr Corbett would continue to receive pension payments based on his three years with Railtrack.
plan
▪ One of the attractions of executive pension plans is their potential flexibility.
▪ Among other things, this raises the income limits for deducting contributions by a taxpayer with a pension plan.
▪ Historically, executive pension plans are of the money purchase type.
▪ So there are no pat answers, and usually you need a pension plan expert to recommend a plan for you.
▪ If you do not have a pension plan, when you eventually stop working your income will drop - perhaps dramatically.
▪ Losing an independent contractor case can cost you more than payroll taxes; it can cost you your pension plan.
▪ They can also choose between repayment, endowment or pension plan mortgages.
▪ We have a pension plan I am eligible to receive at age 65.
provision
▪ New figures presented to the pensioner's parliament confirmed that Britain's state pension provision is among the worst in the community.
▪ For the foreseeable future, occupational pension provision is likely to exist in some form.
▪ There is also the issue of how you marry any pension provision you have made in Britain with what you do overseas.
▪ It may be that you no longer work for an employer or that your company does not offer pension provision.
▪ Some cater for the public's need for insurance or pension provision.
scheme
▪ The typical executive has a company car, private medical insurance and a company pension scheme.
▪ The government offered a 5-year subsidy to people moving from the state earnings-related pension scheme to take out a private pension.
▪ Subsequent valuation of a pension scheme A company's year end is 31 March.
▪ Thus, one could consider such factors as hours, sick pay, pension schemes and holiday entitlements.
▪ Rowe made a joke about Oz's pension scheme and they both laughed.
▪ As illustrated inPart I, there has been a growth in occupational pension schemes.
▪ That being so, many people throughout the nation who are in pension schemes are frightened.
▪ A number of actuaries are responsible for individual company pension schemes with funds amounting to hundreds of millions of pounds.
system
▪ From April 1988 the supplementary pension system will cease to exist and will be replaced by income support.
▪ Even if returns improve, the pension system still faces serious problems.
▪ Chief among these are employment and, linked to it, the occupational pension system and social security.
▪ The pension system is just part of a larger pattern of our fiscal indulgence of the military.
▪ Putin's program would revise the antiquated pension system, rewrite the labor code and crack down on money-laundering.
▪ The Clinton administration also has been looting the $ 3. 5 trillion private pension system.
▪ The pension system could collapse and firms are crying out for labour.
■ VERB
collect
▪ Variety is important. Collect your pension on different days of the week.
▪ People who normally collect pensions and other benefits from there are advised to go to nearby sub-post offices.
draw
▪ But you don't live to draw your old-age pension by underestimating the enemy.
▪ He was walking along Suffolk Parade to the post office to draw his pension, when he was approached by two youths.
▪ If you draw your pension, you can earn up to a certain amount a week without affecting it.
▪ You can continue working, draw your company pension and put some of your earnings into a separate scheme.
▪ Or keep working past 65 and postpone drawing your pension.
increase
▪ It is not going to require all schemes to increase pensions in payment by up to a maximum of 5 percent a year.
▪ Child benefit, the principal family benefit, has not been increased in line with pensions and other benefits.
▪ Inpart this reflects increasing expenditure on state pensions as more and more people live to a ripe old age.
▪ Mr Brown will be under pressure in election year to increase pensions by £5 for individuals and £8 for couples.
▪ We will protect private pensions, and increase the basic state pension, making it payable as of right without means testing.
▪ Other ways to increase your pension Deferring your pension.
▪ The most effective way to reduce poverty quickly is to increase child benefit and pensions and take low-paid people out of taxation.
▪ The state will then increase the additional pension by its own inflation-proofing minus that amount.
invest
▪ Great care is needed when choosing the organisation to invest your pension savings.
▪ The plaintiffs can not raid the $ 4. 3 million invested in his pension funds.
▪ I am 74 years old and when I retired in 1982 I invested my lump sum pension with a brokerage.
▪ Other stockholders, including those that may invest in your pension fund, also fared well in the buyout.
pay
▪ And they have a long-term interest in maintaining industry's prosperity, for that is what pays their pensions.
▪ But Envirodyne did not want to have to pay the pensions either.
▪ Moscow is at least paying pensions to those elderly people who are registered.
▪ Nobody would be paying the pensions.
▪ Surprisingly, the government has managed to sell this idea to employers, who pay half of the pension contributions.
▪ Increase the amount all workers pay into their pension fund by one 0. 5 percent.
▪ He has made sure to pay overdue wages and pensions.
provide
▪ Company schemes generally provide widows' pensions as of right.
▪ This discrimination is based simply on prejudice, because the cost of providing a widower's pension is very small.
▪ The legislation allowed contracts to provide either pension or death benefits or both.
▪ Although they provide a guaranteed pension payment, the return on investment is usually very low.
▪ How can you provide a pension for your retirement?
▪ They will provide for pensions on the same terms as are currently enjoyed.
▪ For many years the College did not provide pensions for members of staff, let alone dependents.
▪ The second pension could be provided by an expanded pensions industry.
qualify
▪ Under the 1975 Pensions Act, invalidity pensioners will eventually qualify for inflation-proofed earnings-related pensions.
▪ There are many kinds of qualified pension plans.
▪ You may also qualify for some pension from the country you left.
▪ At age 65, you automatically qualify for a pension.
▪ Those too poor to qualify for this pension were further discriminated against and left to poor relief.
receive
▪ His salary at this time was £1,000, and upon leaving the service he received a pension of £600 p.a.
▪ Tsiolkovskii himself never received a kopek of government funding until he received a pension.
▪ Therefore, some one who was earning £12,000 perannum would receive a pension of £8,000 perannum.
▪ He will receive the pension he's paid into for 49 years.
▪ As a consequence women could until 1975 opt to pay a lower rate of national insurance and receive a lower retirement pension.
▪ In 1987, 52% of pensioners received an occupational pension.
▪ The only conditions were that the person receiving the pension had to retire and agree to spend the money within the month.
▪ If you're not receiving supplementary pension, you have to claim yourself from the council.
PHRASES FROM OTHER ENTRIES
basic salary/pay/pension etc
▪ Blackwell and Deane received a basic salary plus poundage according to the level of military spending.
▪ Firstly, women can only receive a pension based on their husband's contributions if he himself is in receipt of a basic pension.
▪ Graduated pension is increased annually in the same way as the basic pension.
▪ In money terms, the value is about 60 percent of the level of basic pension to which their husband is entitled.
▪ Managers may earn bonuses up to 25 percent of their basic salary in some hotels.
▪ There is a generous stock-option scheme, and performance-related pay that can, in some cases, double basic salaries.
▪ Your basic pension may be increased if you are supporting a dependent spouse or children.
EXAMPLES FROM OTHER ENTRIES
▪ He gets a pretty good pension from his old firm.
▪ He retired from the force with a disability pension.
▪ How long have you been drawing a pension?
▪ I don't know how you manage on your pension, Lil, I really don't.
▪ If a man retires at 58, he's actually got seven years to go before he draws his state pension.
▪ Is there a pension scheme where you work?
▪ Living on a pension isn't easy you know. You really have to scrimp and save.
▪ Martin still hasn't got his invalidity pension sorted out.
▪ The government is considering linking the old-age pension to earnings.
EXAMPLES FROM CORPUS
▪ By July I was able to set out my proposals on personal pensions.
▪ General operating expenses, including salaries and pension contributions, grew 3. 4 percent to 92. 927 billion pesetas.
▪ He would also have to liquidate his pension funds.
▪ In spite of his breakdowns, Hoccleve achieved a position of seniority and in due course retired with a pension.
▪ Most important, there is an assurance that pension rights are linked to the retail prices index.
▪ Occupational pensions are undoubtedly delivering the goods for those people who are members.
▪ Subsequent valuation of a pension scheme A company's year end is 31 March.
▪ The pension fund plans to cut in half the number of outside managers, Mr Burnham added.
II.verbEXAMPLES FROM CORPUS
▪ In three years, just thirty-six months, they would pension him off.
III.nounEXAMPLES FROM CORPUS
▪ General operating expenses, including salaries and pension contributions, grew 3. 4 percent to 92. 927 billion pesetas.