Etymology
Meaning
Origin
The term "superannuation" comes from the Latin phrase "super annus," which means "beyond the year." It was originally used to refer to a pension or retirement fund paid to Roman soldiers who had served beyond the normal retirement age of 20 years.
In the 19th century, the term "superannuation" began to be used in Britain to refer to a pension or retirement fund paid to government employees. It was later adopted by other countries, including Australia, Canada, and New Zealand.
Today, "superannuation" is a common term for a pension or retirement fund paid by an employer to an employee upon retirement. It is often used interchangeably with the terms "pension" and "retirement fund."
Etymology From Latin super over annus year ate suffix indicating having
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Etymology The word retirement derives from the French term retraire meaning to wit
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Etymology The word retirement derives from the French term retraire meaning to wit
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