What does pension plan mean?
Definitions for pension plan
pen·sion plan
This dictionary definitions page includes all the possible meanings, example usage and translations of the word pension plan.
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 plan
A pension plan is a type of retirement program offered and controlled by an employer to provide ongoing income to employees after they retire. Employees generally must work a certain number of years for the company in order to be eligible for full benefits from the pension plan. The amount they receive usually depends on factors like their salary, age, and the number of years they've worked for the company. Some pension plans are also partially funded by employee contributions.
Matched Categories
Numerology
Chaldean Numerology
The numerical value of pension plan in Chaldean Numerology is: 6
Pythagorean Numerology
The numerical value of pension plan in Pythagorean Numerology is: 9
Examples of pension plan in a Sentence
Business Secretary Sajid Javid:
A number of the potential buyers ... have said that we won't have much interest if we have to take over the current pension plan as it is, it's a very big plan, it's expensive compared to today's plans and it's not unreasonable for many buyers ... to say 'look we're interested in the assets but this would be an issue.'.
So long as states enact fiduciary laws that don't impact a pension plan like a 401(k), they have every right to act.
The CWU do not accept that closure of the Royal Mail Pension Plan is inevitable and will explore every avenue to defend it.
Business Secretary Sajid Javid:
A number of the potential buyers ... have said that we won't have much interest if we have to take over the current pension plan as it is.
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"pension plan." Definitions.net. STANDS4 LLC, 2024. Web. 25 Apr. 2024. <https://www.definitions.net/definition/pension+plan>.
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