state pensions
Government retirement payments
State pensions are regular payments made by a government to citizens who have reached retirement age.
The amount typically depends on years of employment and contributions to a national insurance or social security system.
In the UK, the state pension is distinct from private or workplace pensions: She's still five years away from qualifying for her state pension.
- retirement benefitsPost-career compensation entitlements
- superannuationRetirement savings scheme
- social securityPublic financial protection programs
- public fundingGovernment-allocated monetary support
- survivor benefitsPayments to deceased's dependents
means tested · retirement age · full retirement · pay-as-you-go · defined benefit · social safety nets · national insurance · life expectancy · annuities · eligibility criteria · aging workforce · grey pound · disability pensions · treasury · economic sustainability · benefits · contributions · survivor
- pensionspensioner, old age pensions, public pensions, CPP
- East German policyfull employment, planned economy, free healthcare, housing allocation, kindergartens
- socialismMarxism, communism, proletariat, bourgeoisie, communal ownership
- public financepublic debt, budget deficit, tax revenue, budgets, expenditure
- public paysalary, gross pay, net pay, pay, pay grades
- Social SecuritySSN, FICA, Social Security Administration, disability benefits, retirement benefits
state pensionsprivate pensions
Self-arranged retirement income
401(k) plans · personal savings · investment portfolios · inheritance · rental income