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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:

Ever wanted to write a song so huge it becomes your pension plan?

From BBC Jul. 11, 2026

Find insight on Brookfield Asset Management, pension plan funding, Intesa Sanpaolo and more in the latest Market Talks covering financial services.

From The Wall Street Journal May 8, 2026

To avoid taxes, you should do a direct rollover — that way, the money goes straight from the pension plan to the IRA.

From MarketWatch May 6, 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

Maybe your employer has an old-age pension plan for his employees.

From Security in Your Old Age (Informational Service Circular No. 9) by Social Security Board

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