PENSIONING Meaning and
Definition
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Pensioning refers to the act of granting or receiving a pension, which is a fixed amount of money paid regularly to an individual after they have retired from work or reached a certain age. It is a financial arrangement that aims to provide income security and a source of sustenance for individuals who are no longer actively employed.
Typically, pensioning involves formalizing the terms and conditions of the pension, such as the duration of payments, the amount of money to be disbursed, and any eligibility criteria. It is commonly associated with retirement planning, as individuals contribute a portion of their income during their working years towards a pension fund or scheme, which is then used to provide them with financial support in their retirement.
Pensioning often entails a contractual agreement between an employer and an employee, ensuring that the employee will receive periodic payments upon retirement. In some cases, government bodies or private institutions may administer pension plans, overseeing the investment and distribution of funds.
The concept of pensioning dates back centuries, with ancient civilizations like Rome implemented various forms of pension plans for military veterans and civil servants. Over time, pension systems have evolved, with different countries and organizations adopting their own unique approaches and regulations.
In summary, pensioning is the process of granting or receiving a pension, a fixed amount of money paid regularly to individuals after they retire from work or reach a certain age, with the aim of providing economic security during their retirement years.
Common Misspellings for PENSIONING
Etymology of PENSIONING
The word "pensioning" is derived from the noun "pension".
The noun "pension" originated from the Old French word "pension", which meant "payment, rent, or income". This Old French term came from the Latin word "pensio", meaning "pay or wage". In medieval Latin, "pensio" specifically referred to a regular payment or income, often granted by the church or a lord to a person in their service.
Over time, the noun "pension" expanded its meaning to include a regular payment made to retired or disabled people, typically by a government or former employer. Consequently, the verb "to pension" emerged, which referred to the act of granting or receiving a pension.
Therefore, "pensioning" as a verb is the present participle form of "to pension", describing the ongoing action or process of granting or receiving a pension.
Conjugate verb Pensioning
CONDITIONAL
I
would pension
we
would pension
you
would pension
he/she/it
would pension
they
would pension
FUTURE
I
will pension
we
will pension
you
will pension
he/she/it
will pension
they
will pension
FUTURE PERFECT
I
will have pensioned
we
will have pensioned
you
will have pensioned
he/she/it
will have pensioned
they
will have pensioned
PAST
I
pensioned
we
pensioned
you
pensioned
he/she/it
pensioned
they
pensioned
PAST PERFECT
I
had pensioned
we
had pensioned
you
had pensioned
he/she/it
had pensioned
they
had pensioned
PRESENT
I
pension
we
pension
you
pension
he/she/it
pensions
they
pension
PRESENT PERFECT
I
have pensioned
we
have pensioned
you
have pensioned
he/she/it
has pensioned
they
have pensioned
I
am pensioning
we
are pensioning
you
are pensioning
he/she/it
is pensioning
they
are pensioning
I
was pensioning
we
were pensioning
you
were pensioning
he/she/it
was pensioning
they
were pensioning
I
will be pensioning
we
will be pensioning
you
will be pensioning
he/she/it
will be pensioning
they
will be pensioning
I
have been pensioning
we
have been pensioning
you
have been pensioning
he/she/it
has been pensioning
they
have been pensioning
I
had been pensioning
we
had been pensioning
you
had been pensioning
he/she/it
had been pensioning
they
had been pensioning
I
will have been pensioning
we
will have been pensioning
you
will have been pensioning
he/she/it
will have been pensioning
they
will have been pensioning
I
would have pensioned
we
would have pensioned
you
would have pensioned
he/she/it
would have pensioned
they
would have pensioned
I
would be pensioning
we
would be pensioning
you
would be pensioning
he/she/it
would be pensioning
they
would be pensioning
I
would have been pensioning
we
would have been pensioning
you
would have been pensioning
he/she/it
would have been pensioning
they
would have been pensioning
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