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Superannuation
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Meaning
Noun
●
In Australian English, British English & New Zealand English:
A
retirement
benefit
fund
, an
accumulation
of
regular
deductions
from one′s
wage
or
salary
while
employed
and
similar
regular
contributions
from the
employer
, usually
administered
by an
independent
entity
; a pension.
●
The
condition
or of being
superannuated
;
old age
or obsolescence.
Sourced from
Wiktionary
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