1. Pension (English: Pension) refers to a large amount of remuneration that a company or employer must give to retired employees when a person quits the workplace because of age or other factors. For this amount, employees can choose to withdraw the full amount (one-time pension) or receive it in installments (lifelong pension). Retirement has different legal age or work experience in different countries and occupations. Employees who reach this age or work experience are considered to quit the workplace and make way for young people. At this time, the employer must give a large sum of money as a reward for the hard life of the workers, as a source of living expenses and medical expenses for the elderly after not working. Pensions in various countries can generally be divided into three types: one is an annuity paid by the government or relevant institutions, the other is an annuity based on employees' contributions to retirement funds and enterprises, and the third is an individual's investment in his retirement savings (such as commercial insurance and fund investment).
2. The national average social wage usually refers to the average wage obtained by dividing the total wages of all employees in a certain period (usually one year) in a certain region or country by the number of employees in that period, which is obtained by the ratio of the total wages of all employees to the average number of employees in that period.
Re-discussion on "centralization or decentralization"
Regarding the questions raised by customers, such as "centralization or decentralizati