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.
If you’re not among the 18% currently in a pension plan, you have to replicate the process of turning your savings into a steady source of income if you want to feel secure.
From MarketWatch ● Sep. 8, 2026
Ever wanted to write a song so huge it becomes your pension plan?
From BBC ● Jul. 11, 2026
Union workers make minimal contributions toward their medical, dental and vision coverage, and get a pension plan based on their years of work and salary.
From The Wall Street Journal ● Jul. 10, 2026
Find insight on Brookfield Asset Management, pension plan funding, Intesa Sanpaolo and more in the latest Market Talks covering financial services.
From The Wall Street Journal ● May 8, 2026
Maybe your employer has an old-age pension plan for his employees.
From Security in Your Old Age (Informational Service Circular No. 9) by Social Security Board
Definitions 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.
