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Public pension vs Public pensions

Both 'public pension' and 'public pensions' are correct, but they are used in different contexts. 'Public pension' refers to the concept of a pension provided by the government, while 'public pensions' refers to multiple pensions provided by the government.

Last updated: April 01, 2024 • 498 views

Public pension

This phrase is correct and commonly used in English.

This phrase refers to a pension provided by the government to its citizens or employees.

Examples:

  • She receives a public pension from the government.
  • The public pension system in this country is well-established.
  • The only solution is to strengthen the reliable public pension systems.
  • A recent report by the Commission draws attention to the risks facing public pension systems in the EU.
  • Reconstruction of a public pension system that covers the world of work with adequate pensions.
  • In November 2009 Romania had 5.54 million pensioners and 5.65 million contributors to the public pension system.
  • We have a binding commitment to provide 1% of our annual gross national product to meet our future public pension bills.
  • In particular, as regards the recommended reform of the public pension system to ensure the long-term viability of the system has not been implemented yet.
  • It is a question of finding a sensible way to bring public pension schemes into line with private and company ones.
  • The Council recalls that the systemic pension reform of 1999 replaced a defined-benefit public pension scheme, with a three-pillar system based on defined contributions.
  • Attracting even a fraction of the assets held by institutional investors, sovereign-wealth funds, and public pension funds could boost development finance substantially.
  • The implementation of the reform would be key in ensuring the financial sustainability of the public pension system.
  • The public pension system can simply no longer be financed and is also becoming a burden on the younger generation.
  • In addition, so that public pension systems are sustainable, we must ensure that people have the opportunity to continue working up until retirement age.
  • However, in the longer term, we believe that each Member State should establish procedures that will result in public pension liabilities being accurately reflected in relevant debt and deficit forecasts.
  • The public pension system must be strengthened to the detriment of the private system.
  • We must not privatise the public pension system simply to ensure the stability of pension funds for current and future pensioners.
  • I would point Members to the example of Ireland, my own country, where over recent years, we have been putting aside one percent of gross national product to deal with future public pension provision for the year 2025 and onwards.
  • Almost all public pension schemes, in fact, are still run completely or partly on a pay-as-you-go basis, and without a gradual changeover to a fully funded system, accompanied by harmonious taxation systems and effective family policies, there would be serious social repercussions.
  • Moreover, the large assets accumulated by the public pension funds will help finance a part of the future increase in pension expenditure.
  • Their growth in recent years is due to foreign currency from oil and trade surpluses, and certain countries are now even looking at how they can be used to prop up public pension systems.
  • CalPERS has earned back more than $70 billion since the financial crisis and is nearly 70 percent funded. A recent study found that public pension plans will have a median annual return on their assets of 6.5 percent over the next few decades.

Alternatives:

  • government pension
  • state pension
  • national pension

Public pensions

This phrase is correct and commonly used in English.

This phrase refers to multiple pensions provided by the government to different individuals or groups.

Examples:

  • The government offers various public pensions to retired civil servants.
  • Public pensions are an important source of income for many elderly citizens.
  • Member States should protect workers from old-age poverty and promote supplementary pension schemes linked to employment contracts as additional coverage to public pensions.
  • Furthermore, the updated programme does not reflect the commitments to reform key parameters of the pension system (e.g. indexation of public pensions and the retirement age), which is crucial for improving long-term sustainability of public finances.
  • The Austrian Government has taken the first important steps to safeguard its public pensions system. I wish the Austrian Government luck and success in this work, in spite of the considerable resistance to change.
  • Reforming the public pensions system.
  • This demographic shift will put pressure on public finances by pushing up old age-related expenditure, in particular in public pensions and health, as well as long-term care.
  • Public pensions must be designed to ensure that those who have spent time caring for families are able to acquire an independent income comparable with those who have engaged in paid work.
  • European citizens also depend on public pensions.
  • Mr President, our public pensions systems are too expensive and have also ceased to be financeable.
  • We created public pensions. We created unions.
  • The immense importance of public pensions systems is indicated by the fact that it is our poorest citizens in particular who need them most of all to provide for their retirement.
  • the evaluation of the relevance of inadequacy risks of the performances of public pensions;
  • Finally, to promote a reform of public pensions systems with a view to ensuring that they are sustainable through consolidation of public finances and incentives to supplement them by means of individual plans.
  • These measures are not restricted to socio-economic development plans, the reopening of educational establishments or the reestablishment of the public pensions system, but they also extend to the drawing up of a draft constitution which will have to be put to a referendum.
  • The Constitutional Court stated the constitutional legitimacy of article paragraph of law April on the sanction applicable in the event of the exceeding of the threshold established for public pensions due to professional activities income...
  • Although some Member States have put, or are putting, in place comprehensive strategies for ensuring the sustainability of pension systems and public finances as a whole, large increases in expenditure on public pensions are projected for most Member States.
  • Does the Commission consider it appropriate to analyse the demographic perspective in the EU and adopt measures at Community level to counteract demographic decline, which is exerting increasing pressure on the public pensions budget?
  • I believe that these types of measures are aimed at establishing pension systems that benefit the interests of the financial sector and they do not represent a move towards public pensions systems that are more fair, sustainable, secure and beneficial to European citizens.
  • Considers unjustified the pressures of the Commission and the Council through the Lisbon Strategy to further dismantle/privatise the public pensions pillar and increase the effective and statutory retirement age; rejects any attempt to increase the statutory retirement age;
  • Public pensions became the main form of unemployment insurance, as unwanted workers were permitted to retire early and draw pensions.
  • We created public pensions.

Alternatives:

  • government pensions
  • state pensions
  • national pensions

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