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Social Security
A government program designed to provide financial assistance to the elderly, disabled, and survivors within a society.
Pensions
Retirement plans that require an employer to make contributions into a pool of funds set aside for a worker's future benefit, which is then paid out to the worker upon retirement.
Retirement
The phase of life where an individual ceases full-time employment, typically associated with reaching a certain age or financial status.
Benefit Packages
A collection of non-wage compensations provided to employees on top of their normal salaries, which may include health insurance, retirement plans, vacation, and other perks.
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