lump sum

Air traffic controllers are deemed essential workers, meaning they are still required to work while not receiving compensation – which they would typically then receive in a lump sum after the shutdown ends.

Timeshares usually involve paying a one-off lump sum, plus annual maintenance fees, in return for being able to use a property for an agreed number of weeks each year, every year for life.

Beneficiaries have also reported receiving a lump sum of £63,000.

Mr Moss would need to pay £22,000 into the scheme from his lump sum to unlock the pension.

Any plaintiff who wants to skip that vetting process can take $150,000 in a lump sum at the start of next year.