Sentence examples for pension payable from inspiring English sources

His pension, payable when he turns 55, is worth £304,000 a year.

Mr Brown has insisted, against civil-service opposition, that the state's basic pension, payable to all, will rise in line with inflation, whereas the means-tested supplement to poor pensioners will rise with earnings.

Tom McPhail, head of pensions research at financial services group Hargreaves Lansdown, said: "The fundamental aims of the various changes – to move to a simpler state pension, payable at a later age to reflect improved life expectancy and without discriminating according to age – were and still are the right thing to do.

Over 10 years a private could potentially build up £1,770 per year in pension, payable at state retirement age.

In a characteristic case, a firm's board of directors offered a long-time employee a pension payable whenever she elected to retire.

The UK state pension is payable in Canada, but unfortunately you will not get annual increases in benefit once you have ceased to be resident in the UK.

This is what happens in Japan, where the official retirement age at which part of the public pension is payable was raised from 60 to 61 in 2001, and increases to 62 this year.

A Department for Work and Pensions spokesman says: "The UK state pension is payable worldwide but is only uprated abroad where we have a legal requirement or reciprocal agreement.

The Department for Work and Pensions told Money: "The government has a very clear position which has remained consistent for around 70 years: the UK state pension is payable worldwide, but is only uprated abroad where we have a legal requirement to do so – for example in the EEA [European Economic Area] or in countries where a reciprocal agreement that allows for uprating is in place.

However I have decided to forego 30% of my gross pension entitlement payable to me during the rest of my lifetime.* I will be discussing how this reduction is implemented, and whether the amount waived should go to support good causes, or benefit shareholders, with the pension scheme's employer and trustees.

Which implies big cuts to jobless and disability benefits, given the prime minister made clear yesterday that pensions would be protected in quantum - although the government retains the lever of increasing the age at which pensions are payable (as the chancellor said, increasing the pension age yields huge savings).