Superannuation in Tamil
Definition:
According to Merriam-Webster’s Dictionary:
**Superannuation** (noun):
1. The compensation or pension granted to an employee or officer who has reached retirement age due to old age, physical disability, or other reasons.
2. A system or fund for providing such compensation or pension.
In other words, superannuation refers to a type of retirement program where an employer contributes a portion of an employee’s salary to a fund, which is then used to provide a pension or other benefits to the employee in retirement. This is a common practice in many countries, including Australia, where it’s known as “super” or “superannuation fund”.
Translation of ‘Superannuation ‘ in Tamil:
மேற்படிப்பு
Examples:
- Here are three unique example sentences using the word “Superannuation”:
- 1. After years of diligent savings, Sarah was thrilled to discover that her superannuation fund had grown significantly, allowing her to retire early and travel the world.
- 2. As part of his company’s employee benefits package, John received a generous contribution to his superannuation fund, giving him peace of mind for his golden years.
Synonyms:
Here are some synonyms for the word “Superannuation”:
1. Pension
2. Retirement Fund
3. Pension Plan
4. Benefits Fund
5. Retirement Savings
6. Provident Fund
7. Employee Retirement System
8. Pensions Scheme
9. Old-Age Benefits
10. Retirement Income
Note that some of these terms may have slightly different connotations or be more commonly used in specific regions or industries.
Antonyms:
whereas savings refer to the process of setting aside money for future use.
6. Liquid: Superannuation funds are often tied up in long-term investments and may not be easily liquidated, The word “Superannuation” refers to a retirement savings plan or pension plan provided by an employer. Here are some antonyms for the word “Superannuation”:
1. Income: While superannuation is a plan for future income after retirement, but an income for the employee, but payroll refers to the total compensation paid to employees.
5. Savings: Superannuation is a savings plan for retirement, whereas employee-funded refers to expenses or savings managed by employees themselves.
10. Contribution: Superannuation is a contribution to one’s retirement, whereas income is the amount received after deducting taxes and other expenses.
3. Expense: Superannuation is a expense for the employer, whereas a contribution is a payment made to support a cause or organization.
Note that antonyms may vary depending on the context in which the word “Superannuation” is used., income refers to the money earned or received regularly.
2. Deduction: Superannuation is a deduction from one’s salary, whereas immediate refers to something that happens or is available right away.
8. Taxable: Superannuation funds are often taxed, whereas an expense is a payment made for goods or services.
4. Payroll: Superannuation is part of the payroll, whereas taxable income refers to income that is subject to income tax.
9. Employer-funded: Superannuation is typically employer-funded, whereas liquid assets are easily convertible to cash.
7. Immediate: Superannuation is a long-term plan
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