Penchant vs. Pension — What's the Difference?

A natural inclination.

A benefit earned from years of work.

A tendency to do something.

A fixed amount paid at regular intervals.

An enduring attraction.

A governmental provision for retired employees.

A preference that is hard to resist.

A private or corporate retirement benefit.

A strong or habitual liking.

A retirement plan providing periodic payments.

A definite liking; a strong inclination.

A pension (, from Latin pensiō, "payment") is a fund into which a sum of money is added during an employee's employment years and from which payments are drawn to support the person's retirement from work in the form of periodic payments. A pension may be a "defined benefit plan", where a fixed sum is paid regularly to a person, or a "defined contribution plan", under which a fixed sum is invested that then becomes available at retirement age.

Taste, liking, or inclination (for).

A regular payment made by the state to people of or above the official retirement age and to some widows and disabled people

A card game resembling bezique.

A small hotel or boarding house in France and other European countries.

(card games) In the game of penchant, any queen and jack of different suits held at the same time.

Dismiss someone from employment, typically because of age or ill health, and pay them a pension

Inclination; decided taste; bias; as, a penchant for art.

A sum of money paid regularly as a retirement benefit or by way of patronage.

A game like bézique, or, in the game, any queen and jack of different suits held together.

A boarding house or small hotel in Europe

A strong liking;

Accommodations or the payment for accommodations, especially at a boarding house or small hotel in Europe.

Room and board.

To grant a pension to.

To retire or dismiss with a pension

An annuity paid regularly as benefit due to a retired employee, serviceman etc. in consideration of past services, originally and chiefly by a government but also by various private pension schemes.

A boarding house or small hotel, especially in continental Europe, which typically offers lodging and certain meals and services.

(obsolete) A wage or fee.

(obsolete) A charge or expense of some kind; a tax.

A sum paid to a clergyman in place of tithes.

A regular allowance paid to support a royal favourite, or as patronage of an artist or scholar.

(obsolete) A boarding school in France, Belgium, Switzerland, etc.

(transitive) To grant a pension to.

(transitive) To force (someone) to retire on a pension.

A payment; a tribute; something paid or given.

A stated allowance to a person in consideration of past services; payment made to one retired from service, on account of age, disability, or other cause; also, a regular stipend paid by a government to retired public officers, disabled soldiers, the families of soldiers killed in service, or to meritorious authors, or the like.

A certain sum of money paid to a clergyman in lieu of tithes.

A boarding house or boarding school in France, Belgium, Switzerland, etc.

To grant a pension to; to pay a regular stipend to; in consideration of service already performed; - sometimes followed by off; as, to pension off a servant.

A regular payment to a person that iis intended to allow them to subsist without working

Grant a pension to

No, pensions can vary widely in terms of contribution requirements, benefits, and whether they are government-funded or privately managed.

A penchant is a strong inclination towards something or a distinct liking.

Penchants usually develop naturally over time based on personal experiences and exposure to different activities or subjects.

A pension is a regular payment made during a person's retirement from an investment fund to which that person or their employer has contributed during their working life.

While not necessary, having a penchant can enrich a person's life and provide a sense of satisfaction and identity.

A pension guarantees a fixed payout at retirement, while a 401(k) is a retirement savings plan where the payout depends on investment performance.

Yes, penchants can significantly influence career choices, as individuals often pursue careers aligned with their interests.

If a company with a pension plan goes bankrupt, the pension may still be paid, often at a reduced rate, through insurance provided by entities like the Pension Benefit Guaranty Corporation in the U.S.

Yes, individuals can have multiple penchants, reflecting a wide range of interests and preferences.

Yes, most pension payments are subject to tax, though the rate and conditions can vary depending on local laws.