superannuation love

Definitions

from The Century Dictionary.

  • noun The condition of being superannuated; disqualification on account of old age; of persons, senility; decrepitude.
  • noun The state of being superannuated, or removed from office, employment, or the like, and receiving an allowance on account of long service or of old age or infirmity; also, a pension or allowance granted on such account. Also used attributively: as, a superannuation list.
  • noun The state of having lived beyond the normal period.
  • noun Antiquated character.

from the GNU version of the Collaborative International Dictionary of English.

  • noun The state of being superannuated, or too old for office or business; the state of being disqualified by old age; decrepitude.

from Wiktionary, Creative Commons Attribution/Share-Alike License.

  • 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.
  • noun uncountable The act or process of being superannuated.

from WordNet 3.0 Copyright 2006 by Princeton University. All rights reserved.

  • noun the property of being out of date and not current
  • noun the act of discharging someone because of age (especially to cause someone to retire from service on a pension)
  • noun a monthly payment made to someone who is retired from work

Etymologies

Sorry, no etymologies found.

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Examples

  • It punches above its weight because Australia in 1992 introduced what is known as the superannuation guarantee, a compulsory savings regime that quarantines 9% of an individual's earnings into an account that can't be accessed until retirement.

    Mitsubishi UFJ Buys 15% of Australia's AMP Ross Kelly 2011

  • With a US$1.4 trillion pool of compulsory pension money--called superannuation—and a mining boom drawing in money from overseas, the country's market already has enough volume for many electronic traders.

    Competition Won't Slash Australian Trading Costs Geoffrey Rogow 2011

  • Mr. Swan said the rewrite of the banking act is needed to help the A$1 trillion pool of compulsory pension funds in Australia — called superannuation — invest more directly in the mortgage market, helping smaller lenders benefit from the savings of average Australians.

    Australia Overhauls Banking Rules Geoffrey Rogow 2010

  • Given the country's more than 1 trillion Australian dollar ($90.0 billion) pool of compulsory pension contribution funds, called superannuation, global money managers increasingly have targeted the country's investor base in the wake of the global financial crisis.

    BlackRock Fund Manager Expects Right U.S. Response 2010

  • Industry research firm Watson Wyatt estimates Australian companies face a combined shortfall of as much as A$25 billion in these defined-benefit pension plans, known as superannuation in Australia.

    Australian Firms to Pay Scarce Cash for Pensions 2009

  • Australia's forced retirement savings, called superannuation, fueled Macquarie's model, which the bank asserted would offer the safety of bonds but with higher yields and less volatility than stocks.

    Macquarie Contends With Valuation Gap 2008

  • They'll pay it off as quickly as they can and then start working on their superannuation is my advice.

    AustralianIT.com.au | Top Stories 2010

  • Gay public workers in the state of Victoria will now be able to pass on their pension benefits - called superannuation benefits in Australia - to their same-sex partners thanks to the new law, reports the

    Daily News 2010

  • The report has been released to coincide with a federal government review into superannuation, which is due to report in June.

    AustralianIT.com.au | Top Stories 2010

  • • Minus any investments (such as superannuation) that would be cashed out.

    AustralianIT.com.au | Top Stories 2010

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