pension plan

noun

: an arrangement made with an employer to pay money to an employee after retirement

Examples of pension plan in a Sentence

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Also, council members currently must pay into the county's pension plan, but according to Hallam, Subsection 7C in essence says they are currently prohibited from receiving a pension. — John Shumway, CBS News, 8 Oct. 2026 The city’s proposal includes a temporary change to the pension plan that would allow eligible firefighters with 20 years of service to enter a deferred retirement option, reducing the current 25-year service requirement. — Verónica Egui Brito, Miami Herald, 4 Sep. 2026 Chris Finlay – president of the AFGE Local 556 chapter, which includes Tampa, and a TSA worker of over 20 years – said he's seen previous transitions to privatization have undercut pay or other benefits, such as a pension plan or 401 (k) match. — Kathleen Wong, USA Today, 9 Aug. 2026 The pension plan is funded in part by a percentage of revenue generated by employers like MGM for union projects. — Katie Kilkenny, HollywoodReporter, 29 June 2026 See All Example Sentences for pension plan

Rhymes for pension plan

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Browse Nearby Words

pension off
pension plan
pension scheme
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Cite this Entry

“Pension plan.” Merriam-Webster.com Dictionary, Merriam-Webster, https://www.merriam-webster.com/dictionary/pension%20plan. Accessed 20 Oct. 2026.

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