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Old age pension amount varies by country and individual circumstances. It is typically based on factors such as a person's age, income, and years of contributions to the pension system. You would need to check with your country's social security office or pension authority for specific information on the amount you are eligible to receive.
what will the revised pension those retired from defence service prior to 1.1.2006
The amount of a widow's pension can vary depending on factors such as the deceased spouse's earnings, length of marriage, and the specific pension plan. It is recommended to contact the Social Security Administration or the pension plan provider for more specific information.
Social security is basically when the government takes a certain percentage of money from the working generation and gives it to the retired generation. When the working generation become retired, they receive social security. Social security started after the Great Depression, when the government needed to make sure that people had money stored away to live after they stopped working. People get certain amounts of social security depending on how much they and their spouses worked as young people, as well as what jobs and how much they gave to social security. The current problem with social security is that the baby boomers are now becoming retired, and there are more of them than the current generation of working people. There is not enough money to support these retiring people, and unless the government subsidies social security or takes other measures, it is likely to fall apart before people currently in their 30s and 40s become retired. So basically, the idea of how social security works is that you put away money and you will get that money when you retire.
The pension amount for a retired judge varies based on factors such as years of service, salary, and specific retirement plan. Typically, judges receive a percentage of their final salary as pension, often ranging from 50-100%.
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As a retired four star General, David Petraeus is entitled to an annual pension of $220,000 for the rest of his life.
The amount you can earn when retired at 63 will depend on various factors such as your retirement savings, investments, pensions, and Social Security benefits. It is recommended to consult a financial advisor to assess your individual situation and determine how much you can safely withdraw each year to maintain your desired lifestyle throughout retirement.
The amount of widow's pension depends on various factors such as the country's regulations, the deceased spouse's contributions, and the widow's age and situation. It is best to contact the appropriate government agency or social security office to get specific information on widow's pension amounts.
In Ontario, Canada there is no such thing as Social Security; instead there is a government program called Canada Pension Plan, or CCP. The benefits depend on different variables, such as how long the deceased paid into the plan.
The average pension amount can vary greatly depending on factors such as the type of pension plan, length of service, salary history, and other personal circumstances. In the United States, for example, the average monthly Social Security benefit for retired workers is around $1,500. However, individual pension amounts can be higher or lower based on individual circumstances.