giving salaary
A pension is a form of transfer payment, which is direct financial assitance to those who are no longer capable of working (after the age of retirement). A pension is given to those who work in both...
Pensions are money you get for working.
Depends on who they worked for. Some firms and many corporations have pension funds.
It means that what assets are in your pension account, they belong to you. All belong to you if you are 100% vested. Only half, if 50% vested.