Annuities also consist of long-term savings plans that promise the payment of a stream of income to annuity holder beginning on a designated future date, such as at retirement.

企业年金还是一种长期的储蓄计划，在将来特定的日期，如在退休的时候，年金持有人将获得一笔收入。

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Insurers are taking account of the fact that annuity payments will have to be paid out for a number of additional years - so there is a strong downward pressure on annuity rates in the long term.

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