pension plan
pen
ˈpɛn
pen
sion
ʃən
shēn
plan
plæn
plān

Definition & Meaning of "pension plan"in English

Pension plan
01

a retirement savings plan in which an employer or organization contributes money on behalf of its employees, to be used to provide income to those employees during their retirement years 

Grammatical Information
Animacy status
Abstract
Composition
Compound
Countable
Plural form
pension plans
Examples
The company offers a generous pension plan to all employees. 
LanGeek
Download LanGeek app
langeek application

Download Mobile App

App Store