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military pension |
Also found in: Legal, Wikipedia, Hutchinson | 0.07 sec. |
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military pension: see pension pension, periodic payments to one who has retired from work because of age or disability. Pensions, originally thought of as charity, are now viewed as an essential part of the social responsibility of employers or of the state. ..... Click the link for more information. . How to thank TFD for its existence? Tell a friend about us, add a link to this page, add the site to iGoogle, or visit webmaster's page for free fun content. |
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When Oliver North was convicted of lying to Congress over his involvement in the Iran-Contra Affair, he lost his military pension and benefits. Union pensioners were also "means tested," a practice in American military pension policy that dated back to the Revolution. And now his widow lives alone in a mobile-home park on $990 a month - $400 a month more than the government thinks she needs to collect some of her husband's military pension. |
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