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Pension (1)
PENSION (1)

Definition: An amount of money paid regularly by a government or company to somebody who is considered to be too old or too ill/sick to work.
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* All nine elements should be in.


1. Purposeful and necessary.

2. Legal. That is, payment is backed by the law.

3. Truly earned. That is, beneficiary worked for the appropriate length of time, and is therefore qualified for the payment, or is medically certified as ill/sick and incapable of continuing work.
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See perfect LABOUR (1).
Below the Line
4. Amount is sufficient - in the opinion of the pensioner.

5. Sum is paid timely, that is, payment is never in arrears.

6. Money is never misdirected by payer(s) (connect to #5).
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See perfect REWARD (1).


further below the line


7. Amount is calculated correctly. That is, assessment was done properly such that there is no issue of overpayment or underpayment. (To emphasize, connect to #4.)

8. Amount is reviewable or reviewed as often as necessary. This may be as stipulated in the extant laws or as circumstances determine.
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See perfect WIN-WIN.


much further below the line


9. Money is managed well or appropriately used, .... till the next 'payday' by recipient (= pensioner) or beneficiary (= spouse, step-son, etc.). That is, payment serves purpose(s).
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See perfect VETERAN (2).

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