Difference between Retirement and Superannuation

What is the difference between Retirement and Superannuation?

Retirement as a noun is an act of retiring, or the state of being retired; withdrawal; seclusion; as, the retirement of an officer; the portion of one's life after retiring from one's career. while Superannuation as a noun is a retirement benefit fund, or pension, for which regular contributions are deducted from one's salary whilst in employment.

Retirement

Part of speech: noun

Definition: An act of retiring, or the state of being retired; withdrawal; seclusion; as, the retirement of an officer; the portion of one's life after retiring from one's career. A place of seclusion or privacy; a place to which one withdraws or retreats; a private abode.

Example sentence: Retirement may be looked upon either as a prolonged holiday or as a rejection, a being thrown on to the scrap-heap.

Superannuation

Part of speech: noun

Definition: A retirement benefit fund, or pension, for which regular contributions are deducted from one's salary whilst in employment.The act of being superannuated.

We hope you now know whether to use Retirement or Superannuation in your sentence.

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