Typically, after 20 years of active duty army or military service you are eligible for your pension. AnswerParty on!
Pensions in the United Kingdom
Financial services are the economic services provided by the finance industry, which encompasses a broad range of organizations that manage money, including credit unions, banks, credit card companies, insurance companies, accountancy companies, consumer finance companies, stock brokerages, investment funds and some government sponsored enterprises.
As of 2004, the financial services industry represented 20% of the market capitalization of the S&P 500 in the United States. The U.S. finance industry comprised only 10% of total non-farm business profits in 1947, but it grew to 50% by 2010. Over the same period, finance industry income as a proportion of GDP rose from 2.5% to 7.5%, and the finance industry's proportion of all corporate income rose from 10% to 20%.
Pensions in the United Kingdom fall into three major divisions and 7 sub-divisions; State Pensions (Basic State Pension and State Second Pension (S2P)), Occupational Pensions (Defined Benefit Pension and Defined Contribution Pension) and Individual/Personal Pensions (Stakeholder Pensions, Group Personal Pensions and Self-Invested Personal Pension). Personal accounts, automatic enrolment and the minimum employer contribution will be new policies joining these from 2012.
The state provides basic pension provision intended to prevent poverty in old age. Until 2010 men over the age of 65 and women over the age of 60 were entitled to claim state pension; from April 2010 the age for women is gradually being harmonised to match that for men. Longer-term, the retirement age for both men and women will rise to 68 by no later than 2046 and possibly much earlier.
Military organisation is the structuring of the armed forces of a state so as to offer military capability required by the national defence policy. In some countries paramilitary forces are included in a nation's armed forces. Armed forces that are not a part of military or paramilitary organisations, such as insurgent forces, often mimic military organizations, or use ad hoc structures.
Military organisation is hierarchical. The use of formalised ranks in a hierarchical structure came into widespread use with the Roman Army. In modern times, executive control, management and administration of military organisations is typically undertaken by the government through a government department within the structure of public administration, often known as a Department of Defense, Department of War, or Ministry of Defence. These in turn manage Armed Services that themselves command combat, combat support and service support formations and units.
Financial economics is the branch of economics concerned with "the allocation and deployment of economic resources, both spatially and across time, in an uncertain environment". It is additionally characterised by its "concentration on monetary activities", in which "money of one type or another is likely to appear on both sides of a trade". The questions within financial economics are typically framed in terms of "time, uncertainty, options, and information".
A topic of general interest studied in recent years has been financial crises.
Remuneration is the compensation that one receives in exchange for the work or services performed. Typically, this consists of monetary rewards, also referred to as wage or salary. A number of complementary benefits, however, are increasingly popular remuneration mechanisms. Remuneration is one component of reward management.
Remuneration can include:
Personal finance refers to the financial management of which an individual or a family unit is required to make to obtain, budget, save, and spend monetary resources over time, taking into account various financial risks and future life events. When planning personal finances the individual would consider the suitability to his or her needs of a range of banking products (checking, savings accounts, credit cards and consumer loans) or investment (stock market, bonds, mutual funds) and insurance (life insurance, health insurance, disability insurance) products or participation and monitoring of individual- or employer-sponsored retirement plans, social security benefits, and income tax management.
Military service, is service by an individual or group in an army or other militia, whether as a chosen job or as a result of an involuntary draft (conscription). Some nations (e.g., Mexico) require a specific amount of military service from every citizen (except for special cases, such as physical or mental disorders or religious beliefs). A nation with a fully volunteer military does not normally require mandatory military service from its citizens, unless it is faced with a recruitment crisis during a time of war.
Pensions in Norway
Military science is the theory, method, and practice of producing military capability in a manner consistent with national defense policy.]citation needed[ Military science serves to identify the strategic, political, economic, psychological, social, operational, technological, and tactical elements necessary to sustain relative advantage of military force; and to increase the likelihood and favorable outcomes of victory in peace or during a war. Military scientists include theorists, researchers, experimental scientists, applied scientists, designers, engineers, test technicians, and other military personnel.
Military personnel obtain weapons, equipment and training to achieve specific strategic goals. Military science is also used to establish enemy capability as part of technical intelligence.
Pensions in Norway fall into three major divisions; State Pensions, Occupational Pensions and Individual or personal Pensions.
A social issue (also called a social problem or a social situation) is an issue that relates to society's perception of a person's personal lives. Different cultures have different perceptions and what may be "normal" behavior in one society may be a significant social issue in another society. Social issues are distinguished from economic issues. Some issues have both social and economic aspects, such as immigration. There are also issues that don't fall into either category, such as wars.
Thomas Paine, in Rights of Man and Common Sense, addresses man's duty to "allow the same rights to others as we allow ourselves". The failure to do so causes the birth of a social issue.