The difference between Pension and Personal pension
When used as nouns, pension means an annuity paid regularly as benefit due to a retired employee, serviceman etc. in consideration of past services, originally and chiefly by a government but also by various private pension schemes, whereas personal pension means a pension plan that is funded entirely by individual contributions rather than any employer contributions.
Pension is also verb with the meaning: to grant a pension to.
check bellow for the other definitions of Pension and Personal pension
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Pension as a noun:
An annuity paid regularly as benefit due to a retired employee, serviceman etc. in consideration of past services, originally and chiefly by a government but also by various private pension schemes.
Examples:
"Many old people depend on their pension to pay the bills."
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Pension as a noun:
A boarding house or small hotel, especially in continental Europe, which typically offers lodging and certain meals and services.
Examples:
"A pension had somewhat less to offer than a hotel; it was always smaller, and never elegant; it sometimes offered breakfast, and sometimes not'' (John Irving)."
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Pension as a noun (obsolete):
A wage or fee.
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Pension as a noun (obsolete):
A charge or expense of some kind; a tax.
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Pension as a noun:
A sum paid to a clergyman in place of tithes.
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Pension as a noun (now, _, historical):
A regular allowance paid to support a royal favourite, or as patronage of an artist or scholar.
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Pension as a noun (obsolete):
A boarding school in France, Belgium, Switzerland, etc.
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Pension as a verb (transitive):
To grant a pension to.
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Pension as a verb (transitive):
To force (someone) to retire on a pension.
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Personal pension as a noun (UK, pensions):
A pension plan that is funded entirely by individual contributions rather than any employer contributions.