- lifetime, pension
- pension f viagère
English-French legislative terms. 2015.
lifetime, pension
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Pay As You Go Pension Plan — A retirement scheme where the plan beneficiaries decide how much they want to contribute either by having the specified amount regularly deducted from their paycheck or by contributing the desired amount in a lump sum. A pay as you go pension… … Investment dictionary
alternatively secured pension — Introduced by the Finance Act 2004, a registered pension scheme that is a money purchase scheme may pay an alternatively secured pension to a member who reaches age 75 without having chosen to draw a pension or take a lifetime annuity. In essence … Law dictionary
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