pension fund

American  

noun

1. a fund created and maintained, as by a corporation, to provide benefits under a pension plan.

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Etymology

Origin of pension fund

First recorded in 1865–70

Example Sentences

Pension fund KLP, which owns 0.96%, said it was also scrutinising the sale.

From Reuters • Feb. 15, 2022

Pension fund increases accounted for $9.8 million of the roughly $14 million hole in the public school budget the board filled this week with a significant millage rate increase.

From Washington Times • Jun. 27, 2018

Pension fund drama: A shake-up at CalPERS raises new management questions.

From Los Angeles Times • May 22, 2018

Pension fund and mutual fund managers will have an incentive to hold stocks longer and adjust their investing expectations.

From New York Times • Feb. 6, 2013

He replied that, as to the matter of money, the Army had established a Pension fund in all the Western countries, which now amounts to a large total.

From Regeneration by Haggard, Henry Rider