retirement annuity

An annuity that begins making payments only after the annuitant’s retirement.

• If the annuitant dies before retirement, an agreed amount will usu. be refunded to the annuitant’s estate.

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词条贡献者

译者Glen，毕业于世界顶级翻译学院，擅长翻译各种与房地产诉讼相关的法律文件。