pension plan

noun

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.
retirement plan (def. 1).

Origin of pension plan

First recorded in 1955–60

Dictionary.com Unabridged Based on the Random House Unabridged Dictionary, © Random House, Inc. 2023

WPP has ring-fenced 20 media roles for graduates with further training, career advancement and a solid pension plan.
‘Productivity is through the roof’: Why companies are waging war on meetings to tackle burnout | Jessica Davies | August 16, 2021 | Digiday
He can pressure local banks for funds and raid the country’s pension plans by nationalizing them.
What Happens Next in El Salvador—And What It Means for the U.S. Border | Ian Bremmer | May 10, 2021 | Time
A little over half of all Americans report owning stocks, including in their retirement or pension plans.
Why stocks soared while America struggled | Emily Stewart | May 7, 2021 | Vox
It doesn’t seem legally possible for the city to try to seize those assets for the new pension plan.
With Legal Fights Over Pension Reform (Maybe) Over, a New Ordeal Begins | Scott Lewis | January 7, 2021 | Voice of San Diego
Most employed people in Britain are automatically placed in a pension plan, and they can usually control where that money goes.
Brits are unwittingly pouring their savings into oil and tobacco companies | John Detrixhe | October 20, 2020 | Quartz

So you'd set up a "pension plan" in which, realistically, you were going to be the beneficiary.
How the IRS Wrecked Your Pension | Megan McArdle | May 9, 2013 | THE DAILY BEAST
Republic wanted to terminate its obligations and put workers in a 401(k) (or at least a more solvent Teamster pension plan).
How the IRS Wrecked Your Pension | Megan McArdle | May 9, 2013 | THE DAILY BEAST
Almost overnight, the union pension plan went, as one expert told me, from "an organizing tool, to a disorganizing tool".
How the IRS Wrecked Your Pension | Megan McArdle | May 9, 2013 | THE DAILY BEAST
So now we've got another pension plan that whose "asset base" overperforms in good years, and underperforms in bad ones.
Sorry, Folks: One Way or the Other, You'll Never Be Able to Completely Count on Retirement | Megan McArdle | March 15, 2013 | THE DAILY BEAST
And if, say, Verizon tried to fund its pension plan this way, liberals would hit the roof.
The Social Security ‘Trust Fund’ is Real—but Useless | Megan McArdle | December 14, 2012 | THE DAILY BEAST
Maybe your employer has an old-age pension plan for his employees.
Security in Your Old Age (Informational Service Circular No. 9) | Social Security Board

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