superannuation

[ soo-per-an-yoo-ey-shuhn ]

noun

1. the act of superannuating.
2. the state of being superannuated. superannuated.
3. a pension or allowance to a superannuated superannuated person.

superannuation

/ ˌsuːpərˌænjʊˈeɪʃən /

noun

1. 1. the amount deducted regularly from employees' incomes in a contributory pension scheme
   2. the pension finally paid to such employees
2. the act or process of superannuating or the condition of being superannuated

Word History and Origins

Origin of superannuation¹

First recorded in 1650–60; superannuate + -ion

Example Sentences

"Our intent and position to support reconciliation through practical actions is unchanged by the outcome of the referendum," said Ross Piper, CEO of superannuation at Australian Ethical, which has A$9.2 billion under management.

From Reuters

Australian superannuation fund UniSuper, which runs a $15 billion private markets portfolio investing in unlisted infrastructure and private equity, is looking to grow its portfolio.

From Reuters

He said the working class would bear the brunt of the program while the super rich benefited from it because of its reliance on superannuation funds that include Employee Trust Fund and Employee Provident Fund.

From Washington Times

Central Bank governor, Nandalal Weerasinghe, previously said the treasury bills owned by the bank would be converted into treasury bonds with a longer maturity period and the same has been proposed for superannuation funds.

From Seattle Times

Central Bank governor Nandalal Weerasinghe said the treasury bills owned by the bank will be converted into treasury bonds with a longer maturity period and the same has been proposed to superannuation funds.

From Seattle Times

Related Words

• allowance
• annuity
• grant
• payment
• premium
• retirement account
• reward
• social security
• subsidy