superannuation
Americannoun
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the act of superannuating.
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the state of being superannuated.
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a pension or allowance to a superannuated person.
noun
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the amount deducted regularly from employees' incomes in a contributory pension scheme
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the pension finally paid to such employees
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the act or process of superannuating or the condition of being superannuated
Etymology
Origin of superannuation
First recorded in 1650–60; superannuate + -ion
Example Sentences
Examples are provided to illustrate real-world usage of words in context. Any opinions expressed do not reflect the views of Dictionary.com.
Australia's corporate regulator last month sued local pension fund Mercer Superannuation for exaggerated claims about environment-friendly investments.
From Reuters • Mar. 22, 2023
Australia's corporate regulator has ramped up action against greenwashing, last month accusing pension fund Mercer Superannuation of misleading members about the sustainability of some of its investment options.
From Reuters • Mar. 15, 2023
Angry customers currently have various avenues of redress: the Financial Ombudsman Service, the Superannuation Complaints Tribunal and the Credit and Investments Ombudsman Scheme.
From BBC • Jan. 12, 2017
Last year, the average accumulation for men at retirement age was equivalent to about $170,000 in U.S. dollars, according to estimates by the Association of Superannuation Funds of Australia, an industry trade group.
From New York Times • Dec. 11, 2015
During her years of service, each mistress in an elementary school is required to contribute £2, 8s. per annum to the Government Superannuation Fund.
From Women Workers in Seven Professions by Morley, Edith J.
Definitions and idiom definitions from Dictionary.com Unabridged, based on the Random House Unabridged Dictionary, © Random House, Inc. 2023
Idioms from The American Heritage® Idioms Dictionary copyright © 2002, 2001, 1995 by Houghton Mifflin Harcourt Publishing Company. Published by Houghton Mifflin Harcourt Publishing Company.
