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

The buyers of the Blue Owl assets were the insurer Kuvare and three large public pension funds, including the California Public Employees’ Retirement System.

From The Wall Street Journal

This auction could attract interest from investors such as insurance companies and pension funds due to the extremely high yields which the new 40-year issue will probably offer.

From The Wall Street Journal

Insurance companies and pension funds, for instance, scoop up long-dated bonds, picking up additional yield and matching long-dated liabilities on their books.

From The Wall Street Journal

The secondary consequences of a private credit crisis—via negative impacts on other credit markets and strains on the links between banks, insurers and pension funds—are an area of bigger concern, the analysts say.

From The Wall Street Journal

Some of the suggested reasons for this are poor investment from the UK government and pension funds; the perceived weakness of the London Stock Exchange; and better tax breaks elsewhere.

From BBC