pension plan
Americannoun
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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.
Ever wanted to write a song so huge it becomes your pension plan?
From BBC ● Jul. 11, 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
However, the share of people with access to a pension plan has fallen to less than 25% and continues to decline, Corebridge Financial reports.
From MarketWatch ● Dec. 12, 2025
The company said its earnings benefited from an unscheduled refund of contributions from its pension plan that lowered personnel costs and boosted its bottom line by about 50 million euros.
From The Wall Street Journal ● Nov. 11, 2025
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 De Presno, Odd
Definitions 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.