Elucidating command basic terms, a retirement grant is a system

Elucidating command basic terms, a retirement grant is a system through way of which people are addicted a monetary amount as income, when they are working no more. The person receives the amount like a general income. A retirement pension however should never be mistaken as s severance payment. The payment of the pension is done in general installments. A severance payment would be done in a lump sum amount. This system of withdrawal grant right through a personâ

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