Deferred annuity an annuitycontract that delays payments of income, installments, or a lump sum until the investor elects to receive them.
递延年金延迟支付收入、分期付款或整笔付款，直至投资者选择收取的年金合约。
2
An annuity is a contract you make with an insurance company.
年金是客户与保险公司签订的一种合同。
3
Vested right of enterprise annuity refers to the ratio that enterprise's contribution to employee personal pension accounts credited to individual accounts in labor contract period.