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.
WTPRead more in this article about some frequently asked questions and fun facts related to our definitions.
mancelledRead more in this article about some frequently asked questions and fun facts related to our definitions.
- pension fund,
- pension mortgage,
- pension off,
- pensioneer trustee,
Origin of pension plan
First recorded in 1955–60
Dictionary.com Unabridged Based on the Random House Unabridged Dictionary, © Random House, Inc. 2019