superannuation

Employer retirement contributions

Superannuation is a retirement pension system, particularly in Australia and the UK, where employers make regular contributions to a fund on behalf of employees.

The money accumulates over a working life and becomes accessible at retirement age: Her superannuation balance had grown substantially over thirty years.

The term also applies to the state of being retired due to age or the act of retiring someone: He faced superannuation at sixty-five.

retirement

pension

Retiree's ongoing benefit

drawdown · preservation · accumulation · contribution · vesting · rollover · commutation · retiring

investment

portfolio

Collected works or assets

equities · returns · dividends · self-managed · trustee · switching · performance · benchmark · fees

benefits

beneficiary

Designated asset receiver

TPD · legacy · inheritance

compliance

regulation

Official rules governing conduct

disclosure · fiduciary · prudential · legislation

Categories
Opposites
life stage/age

superannuationyouth

State of being immature

youngness · young age · early adulthood · adolescence · childhood

income type/timing

superannuationwages

Payment for work

salary · earned income · active income · employment income · paycheck

employment status

superannuationworking life

Employed years collectively

employment · workforce participation · career · active service · active duty

Family

super, annual, perennial, anniversary, annuity, supers, superimpose, supertanker, superannuated

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