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Pension Plan
| Babylon English English dictionary |  Download this dictionary |
pension plan
retirement plan, plan which provides an employee with a pension once he retires
| Wikipedia English The Free Encyclopedia | Download this dictionary |
Pension
A pension is a fixed sum paid regularly to a person, typically, given following a retirement from service. Pensions should not be confused with severance pay; the former is paid in regular installments, while the latter is paid in one lump sum.
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| WordNet 2.0 Dictionary | Download this dictionary |
pension plan
Noun
1. a plan for setting aside money to be spent after retirement
(synonym) pension account, retirement plan, retirement savings plan, retirement savings account, retirement account, retirement program
(hypernym) plan, program, programme
(hyponym) 401-k plan, 401-k
| Campbell R. Harvey's Hypertextual Finance Dictionary | Download this dictionary |
Pension plan
A fund that is established for the payment of retirement benefits.
| The Lectric Law Library Dictionary | Download this dictionary |
Pension Plan
An employer's program for providing retirement income to eligible employees.
Courtesy of the 'Lectric Law Library.
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