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Remuneration vs Superannuation - What's the difference?

remuneration | superannuation |

As nouns the difference between remuneration and superannuation

is that remuneration is something given in exchange for goods or services rendered while superannuation is a retirement benefit fund, an accumulation of regular deductions from one′s wage or salary while employed and similar regular contributions from the employer, usually administered by an independent entity; a pension.

remuneration

Noun

(en noun)
  • Something given in exchange for goods or services rendered.
  • * {{quote-book
  • , year=1885) , author=H. Rider Haggard , title=King Solomon's Mines , chapter=2 citation , passage=“Mr. Quatermain,” said the former, “I am well off, and I am bent upon this business. You may put the remuneration for your services at whatever figure you like in reason, and it shall be paid over to you before we start. Moreover, I will arrange in the event of anything untoward happening to us or to you, that your son shall be suitably provided for. You will see from this offer how necessary I think your presence. Also if by chance we should reach this place, and find diamonds, they shall belong to you and Good equally. I do not want them. But of course that promise is worth nothing at all, though the same thing would apply to any ivory we might get. You may pretty well make your own terms with me, Mr. Quatermain; and of course I shall pay all expenses.”}}
  • A payment for work done; wages, salary, emolument.
  • A recompense for a loss; compensation.
  • Synonyms

    * (l) * (l) * (l) * (l) * (l) * (l) * (l) * (l)

    superannuation

    English

    Noun

    (en-noun)
  • (usually, uncountable, UK, Australia, New Zealand) A retirement benefit fund, an accumulation of regular deductions from one?s wage or salary while employed and similar regular contributions from the employer, usually administered by an independent entity; a pension.
  • * 1823 , Edmund Burke (editor), Annual Register: 1822 , Volume 64, page 137,
  • One of the principal objections to it was, that the period of service, after which superannuations were granted, was too limited,.
  • * 1840 , John Henry Barrow (editor), The Mirror of Parliament , Volume 4, page 2867,
  • I think it would be harsh to deprive them of their superannuations without a knowledge of the circumstances under which they are proposed.
  • * 1991 , John Godwin, Michael Costa, Julie Hamblin, Mark Duffy, David Patterson, Australian HIV/AIDS Legal Guide , page 465,
  • A person must not discriminate by failing to supply superannuation' or insurance, or in the terms on which, or in the way in which ' superannuation or insurance is supplied.
  • * 2010 , Stephen J Marsden, Australian Master Bookkeepers Guide [2009/10] , 3rd Edition, page 578,
  • If an entity employs temporary residents who are eligible for the superannuation' guarantee, then the entity is required to make ' superannuation contributions for them.
  • (uncountable) The act or process of being superannuated.
  • Synonyms

    * (retirement fund) pension, super (colloquial) * (act of being superannuated) retirement