pensions是什么意思？

The Big Three American carmakers—General Motors, Ford and Chrysler—accumulated ruinous costs over the post-war years, such as gold-plated health plans and pensions for workers who retired as young as 48.

The World Economic Forum plans to consider the future of pensions and health care at its prestigious Davos conference early next year.

To avoid fiscal (财政) meltdown, public pensions and health-care provision will have to be reined back severely and taxes may have to go up

By far the most effective method to restrain pension spending is to give people the opportunity to work longer, because it increases tax revenues and reduces spending on pensions at the same time.

Younger people today mostly accept that they will have to work for longer and that their pensions will be less generous