What does pension account mean?
Definitions for pension account
pen·sion ac·count
This dictionary definitions page includes all the possible meanings, example usage and translations of the word pension account.
Princeton's WordNet
pension plan, pension account, retirement plan, retirement savings plan, retirement savings account, retirement account, retirement programnoun
a plan for setting aside money to be spent after retirement
ChatGPT
pension account
A pension account is a type of retirement plan, usually tax exempt, wherein an employer makes contributions toward a pool of funds set aside for an employee's future benefit. The pool of funds is then invested on the employee's behalf, allowing the employee to receive benefits upon retirement. It's designed to provide a stable income for individuals when they retire and typically depends on factors like age, years of service, and salary history.
Matched Categories
Numerology
Chaldean Numerology
The numerical value of pension account in Chaldean Numerology is: 9
Pythagorean Numerology
The numerical value of pension account in Pythagorean Numerology is: 7
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"pension account." Definitions.net. STANDS4 LLC, 2024. Web. 18 Apr. 2024. <https://www.definitions.net/definition/pension+account>.
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