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.
An annuity is a series of income payments made at regular intervals by an insurance company in return for a premium or premiums you have paid. The most frequent use of income payments from an annuity is for retirement. An annuity is neither a life insurance nor a health insurance policy. It is not a savings account or a savings certificate. You should not buy an annuity for short-term purposes.