DEFINITIONS

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).

Content related to pension plan

The Letter B Once Had A Much Longer NameThe letter B was part of the Phoenician alphabet more than 3000 years ago in 1000 BCE. At that time, the letter was called beth and looked a little different, but it made the sound of b and was second in the alphabet. The shape of the letter resembled the floor plan of a house, and the word beth meant “house.” This is pictured below. In Hebrew, the letter was called beth, bet, or bayt which also …
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12 Words About BeginningsRead more in this article about some frequently asked questions and fun facts related to our definitions.
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Words nearby pension plan

pensile, pension, pension fund, pension mortgage, pension off, pension plan, pensionary, pensioneer trustee, pensioner, pensive, penstemon

Origin of pension plan

First recorded in 1955–60
Dictionary.com Unabridged Based on the Random House Unabridged Dictionary, © Random House, Inc. 2019