Video encyclopedia



Don't Invest In Your Company's Pension Plan - Dave Ramsey Rant


Pensión -Nando Boom- Reggae Del Recuerdo de Panama


Big Changes in Retired Employees Pension Rules || Helpers Allowance increased ||


Pension vs. Traditional Retirement Plan, Which Is Better?


আপনার পেনশনের হিসাব করুন | Pension Calculator bd

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. A pension may be a "defined benefit plan" where a fixed sum is paid regularly to a person, or a "defined contribution plan" under which a fixed sum is invested and then becomes available at retirement age. Pensions should not be confused with severance pay; the former is usually paid in regular installments for life after retirement, while the latter is typically paid as a fixed amount after involuntary termination of employment prior to retirement.
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    • Types of pensions 

    • Defined benefit plans 

    • Defined contribution plans 

    • Risk sharing pensions 

    • Other pension plan types 

    • History 

    • Current challenges 

    • Pillars 

    • Notable examples of pension systems by country