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.
Ever wanted to write a song so huge it becomes your pension plan?
From BBC ● Jul. 11, 2026
If your husband takes a lump-sum distribution from a qualified pension plan, it is typically eligible to be rolled over into a traditional IRA.
From MarketWatch ● May 6, 2026
JBS said Sunday that the Greeley local chose not to sign on to the broader pension plan as part of its new labor agreement.
From The Wall Street Journal ● Apr. 13, 2026
It was a miss, and the adjusted figure excluded $825 million in charges, mainly due to pension plan changes.
From Barron's ● Feb. 17, 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 De Presno, Odd
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.
