The difference between Pension and Superannuation
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 superannuation means a retirement benefit fund, an accumulation of regular deductions from one′s wage or salary while employed and similar regular contributions from the employer, usually administered by an independent entity.
Pension is also verb with the meaning: to grant a pension to.
check bellow for the other definitions of Pension and Superannuation
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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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Superannuation as a noun (UK, Australia, New Zealand):
A retirement benefit fund, an accumulation of regular deductions from one′s wage or salary while employed and similar regular contributions from the employer, usually administered by an independent entity; a pension.
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Superannuation as a noun (uncountable):
The condition or of being superannuated; old age or obsolescence.