system of pensions

USAGE SUMMARY

The phrase "system of pensions" is correct and usable in written English.
It can be used when discussing the structure or framework that governs pension plans and benefits within an organization or country. Example: "The government is currently reviewing the system of pensions to ensure it meets the needs of retirees."

✓ Grammatically correct

News & Media

Encyclopedias

Science

Human-verified examples from authoritative sources

Exact Expressions

5 human-written examples

The system of pensions regulation failed.

The Guardian - Business

Social security in Finland comprises a system of pensions and care for the aged, unemployment benefits, health care, and family welfare plans.

Encyclopedia Britannica

And that's nothing more or less than this country's future: the future of the welfare state, of our public services, of the education system, of pensions and of the NHS.

The Guardian - Opinion

"We will also have to look at our system of pensions and how to ensure that they are transparent and actuarially sound and fair — fair to the workers and fair to the taxpayers," he said.

The New York Times

"We will also have to look at our system of pensions and how to ensure that they are transparent and actuarially sound and fair — fair to the workers and fair to the taxpayers," Mr. Brown said in his inaugural speech on Monday.

The New York Times

Human-verified similar examples from authoritative sources

Similar Expressions

55 human-written examples

For example, Athens has moved to clean up an erratic system of pension disbursements, but some pension checks are still being mailed to people who have died.

The New York Times

It is hard to avoid the conclusion that the new system of pension protection has got off to an unfortunate start.

The Economist

"At the moment, people who want to save for their pensions are hit by very high marginal rates of tax and the whole system of pension credit makes that problem worse.

The Guardian

Seen from an European perspective, the Spanish system of pension and unemployment insurance creates particularly strong incentives for older unemployed workers to remain inactive.

IZA Journal of Labor Policy

He pledges to press on with reforms of the tax system and of pensions, for example that Mr Cardoso has left incomplete.

The Economist

First, consider the imperfections of the related social systems of pension and childcare.

The Journal of Chinese Sociology

Expert writing Tips

Best practice

When discussing pension systems, specify the type (e.g. public, private, occupational) for clarity.

Common error

Avoid using the phrase "system of pensions" without specifying which system you are referring to. Always provide context, such as a country, company, or specific type of pension, to prevent confusion.

Linguistic Context

The phrase "system of pensions" functions as a noun phrase. It refers to a structured set of rules, procedures, and institutions designed to provide retirement income. Ludwig examples show it being used to discuss reforms, improvements, and failures within these systems.

Expression frequency: Uncommon

Frequent in

News & Media

50%

Science

30%

Encyclopedias

20%

Less common in

Formal & Business

0%

Academia

0%

Wiki

0%

Ludwig's WRAP-UP

In summary, "system of pensions" refers to the structured framework governing retirement income. Ludwig AI confirms its grammatical correctness, although it is relatively uncommon. Usage is primarily found in news, science and encyclopedia contexts. To enhance clarity, it's best to specify the type of pension system being discussed. Alternatives include "pension scheme framework" or "retirement plan structure". When writing about pension systems, be precise and contextualize your references. As Ludwig examples demonstrate, this phrase frequently appears in discussions about pension reforms, policy evaluations and financial security.

More alternative expressions

Phrases that express similar concepts, ordered by semantic similarity:

Retirement plan structure

Focuses on the organizational aspect of retirement savings, highlighting the planned arrangement.

Pension scheme framework

Emphasizes the established guidelines and principles governing pension schemes.

Retirement income system

Highlights the income generated for retirees, rather than the system itself.

Superannuation arrangement

Uses a more formal term for pension, common in some countries, and emphasizes the overall setup.

Old-age benefits program

Broader term emphasizing the benefits provided to the elderly, including but not limited to pensions.

Pension fund infrastructure

Highlights the underlying support and resources that enable pension funds to operate.

Retirement savings mechanism

Focuses on how retirement savings are accumulated and managed, instead of the systemic view.

Government pension model

Specifically refers to pension systems managed or regulated by the government.

Company pension structure

Highlights the organization and design of pension plans offered by companies to their employees.

Retirement security arrangement

Focuses on the aspect of financial security during retirement.

FAQs

How can I use "system of pensions" in a sentence?

You can use "system of pensions" to describe the organizational structure and rules governing retirement benefits. For example: "The government is reforming the "system of pensions" to ensure long-term sustainability".

What's a good alternative to "system of pensions"?

Depending on the context, you could use alternatives like "pension scheme framework", "retirement plan structure", or "superannuation arrangement" to convey a similar meaning.

What are the key components of a typical "system of pensions"?

A typical "system of pensions" usually includes contributions from employers and/or employees, investment management, and payout mechanisms for retirees.

How does a defined contribution system differ from a defined benefit "system of pensions"?

In a defined contribution "system of pensions", the retirement benefit depends on investment performance, while in a defined benefit system, the benefit is predetermined based on factors like salary and years of service.