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A pension (/ ˈ p ɛ n ʃ ən /; from Latin pensiō ' payment ') is a fund into which amounts are paid regularly during an individual's working career, and from which periodic payments are made to support the person's retirement from work.
A severance package is pay and benefits that employees may be entitled to receive when they leave employment at a company unwilfully. In addition to their remaining regular pay, it may include some of the following:
Baez was born in the Staten Island borough of New York City on January 9, 1941. [13] Her grandfather, Alberto Baez, left the Catholic Church to become a Methodist minister and moved to the U.S. when her father was two years old.