St. Patrick's Day. St Patrickâs Day is a global celebration of Irish culture on or around March 17. It particularly remembers St Patrick, one of Irelandâs patron saints, who ministered Christianity in Ireland during the fifth century. St Patrickâs Day is celebrated in countries with people of Irish decent.
A difference that can be seen between pension and annuity is in the payment amount. The pension is determined by the sum that one has earned during his service and adjusted for the duration of his career. Annuity is a scheme that is determined by the amount of investment made by a person towards the scheme.
The primary difference between an annuity and a pension fund is that a pension fund comes from a person's employer. For example, public employees in California obtain pensions through the CalPERS system. But annuities are a separate set of products that anyone can buy, not just those who work at a particular place.