Every judge appointed to such a court may be categorized as a federal judge; such positions include the Chief Justice and Associate Justices of the Supreme Court, Circuit Judges of the courts of appeals, and district judges of the United States district courts.s of 2015, federal district judges are paid $201,100 a year, circuit judges $213,300, Associate Justices of the Supreme Court $246,800 and the Chief Justice of the United States $258,100.
3. Life expectancy pensions and annuities. A life expectancy pension or annuity is one of a number of products that you can buy with a lump sum from a superannuation fund or other money to give you an income during your retirement. For the purposes of the income test for the age pension, income from an account based (also known as an allocated pension) or annuity will be reduced by an amount that represents the return of your capital. 2  This has not changed. 3  An account based income stream is assessed under the assets test for the age pension.
How They Work. There are basically three types of tax deferred annuities: fixed, variable and equity-indexed. Fixed annuities give you a guaranteed monthly income during the payout phase based on a guaranteed rate of return agreed upon when you signed up.This income is of course affected by inflation.For an extra fee your income can be adjusted for inflation by increasing it by a few percentage points each year.ixed annuities give you a guaranteed monthly income during the payout phase based on a guaranteed rate of return agreed upon when you signed up. This income is of course affected by inflation. For an extra fee your income can be adjusted for inflation by increasing it by a few percentage points each year.