Meaning of the word: Pension
Pension is a old-age pension, which is paid from the pension insurance scheme within the pension system. The pension is paid in monthly installments on a regular basis either for life or just for a predetermined period. Entitlement to a pension has everyone who has fulfilled the minimum insurance period and reached the retirement age.
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Co-debtor
Co-debtor is a person who is willing to participate in the debt repayment, together with the debtor up to 100% of the amount due. Co-debtor has the…
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