superannuation
superannuation — noun
1. money that is regularly put aside during a person's working life, usually by bot
money that is regularly put aside during a person's working life, usually by both the employee and the employer, so that it can provide income after the person stops working
Noor's employer pays twelve percent of her salary into a superannuation fund each month.
collocation: superannuation fund
After working for thirty years, Liang started receiving monthly payments from his superannuation.
In Australia, superannuation contributions are taken directly from each worker's pay.
Beatrix checks her superannuation balance each year to see if she is saving enough.
Many employers in New Zealand offer several superannuation plans for their staff to choose from.
- pension
broader term that can refer to either a government payment or an employer-funded retirement scheme
- retirement fund
more general term used internationally; lacks the specific AU/UK legal framework
- super
informal Australian abbreviation, extremely common in everyday speech
- 401(k)
US-specific employer retirement savings plan with a different tax structure
用法筆記
Frequently shortened to 'super' in informal Australian English. In the United States, the equivalent is usually called a '401(k)' or 'retirement plan'.