pension plan
Americannoun
-
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.
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
Random Word
Spin the wheel and learn a new word!
Get a wordDefinitions 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.