Meanings of basic pension in English

It currently guarantees payment of basic pension benefits for 44 million U.S. workers and retirees.

The new flat-rate pension replaces the current basic pension of £110 a week, plus various means-testedtop-ups

The central message from Securing Retirement Income, the IPB's submission to the Government, is that basic pension schemes do not come cheap.

DENMARK - aside from offering a small basic pension, the Danish system is based on occupational schemes run by the giant ATP fund.

Such a scenario would jeopardize political projects now working their way through the legislative process including a new basic pension, and a climate protection package.

Ministers claim raising the basic pension in line with earnings will preserve its value and reduce means-testing to 30% by 2050.

Instead of a basic pension of £107 plus various mean-testedtop-uppayments, recipients will get a weekly payment equal to the value of £144.