pension plan
Americannoun
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a systematic plan created and maintained, as by a corporation, to make regular payments of benefits to retired or disabled employees, either on a contributory or a noncontributory basis.
Etymology
Origin of pension plan
First recorded in 1955–60
Example Sentences
Examples are provided to illustrate real-world usage of words in context. Any opinions expressed do not reflect the views of Dictionary.com.
Among its latest deals: to take on all 253 members of the pension plan for the Associated Board of the Royal Schools of Music.
From The Wall Street Journal ● Aug. 20, 2026
Ever wanted to write a song so huge it becomes your pension plan?
From BBC ● Jul. 11, 2026
If the money is paid to you, the administrator of the pension plan is obliged to withhold 20% for taxes.
From MarketWatch ● May 6, 2026
It also provided meatpacking workers with a pension plan for the first time in decades.
From The Wall Street Journal ● Mar. 25, 2026
Don't expect to find production data, production formulas, detailed outlines of a company's pension plan, or the number of personal computers in a company.
From The Online World by Odd De Presno
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Get a wordDefinitions and idiom definitions from Dictionary.com Unabridged, based on the Random House Unabridged Dictionary, © Random House, Inc. 2023
Idioms from The American Heritage® Idioms Dictionary copyright © 2002, 2001, 1995 by Houghton Mifflin Harcourt Publishing Company. Published by Houghton Mifflin Harcourt Publishing Company.
