Carpon
Valued Contributor
Pension is basically an amount of money that retired workers get and usually sustains them after work till their live cessates.
The amount you get paid as pension is actually your funds and it was kept overtime as you were working and then it is paid in bits to you as pension when you retire.
Not all sects of work pay pension and mostly, private firms do not give pension to their workers and that is why we have some jobs that are regarded as permanent and pensionable and others are seen as temporary and non pensionable.
Pensionable works are those that offer pension to retired workers while non pensionable works are those that do not offer pension.
There are a number of years that some organisations offer pension and it stops after that number of years have elapsed. Also, the payment of pension stops once the person dies and the stoppage happens when a person does not die after the expiration of the stated number of years.
What do you have to add as a fact about pension.
The amount you get paid as pension is actually your funds and it was kept overtime as you were working and then it is paid in bits to you as pension when you retire.
Not all sects of work pay pension and mostly, private firms do not give pension to their workers and that is why we have some jobs that are regarded as permanent and pensionable and others are seen as temporary and non pensionable.
Pensionable works are those that offer pension to retired workers while non pensionable works are those that do not offer pension.
There are a number of years that some organisations offer pension and it stops after that number of years have elapsed. Also, the payment of pension stops once the person dies and the stoppage happens when a person does not die after the expiration of the stated number of years.
What do you have to add as a fact about pension.