"Retiree pensions" refers to the money an individual receives as regular income after they retire from their job. It is a payment made by the employer or government to support retirees financially throughout their retirement years.
Full definition
Synonyms for individual words can be found below.
«retiree»
«pensions»
Sentences with «retiree pensions»
- In January, a company that has performed independent audits of LA Unified for seven years told a school board committee that the district had gone into the red for the first time, with liabilities outstripping assets by $ 4.2 billion, in large part because of having to report $ 5.2 billion in retiree pension liabilities. (laschoolreport.com)
- Keep a «liquid» cushion Pension funds try to ensure they can pay retiree pensions without having to sell long - term investments under duress. (moneysense.ca)
- Most prominently, a federal judge ruled last month that the city of Detroit could declare bankruptcy, opening the door for it to cancel or revise contracts such as those for retiree pensions. (educationnext.org)
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