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 • 470 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.

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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.