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pension plan

American  

noun

  1. 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.

  2. retirement plan.


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.

See Examples For:

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

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 Odd De Presno

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