Advertising

Pension plan

• A fund that is established for the payment of retirement benefits.

• A plan set up by one or more employers to pay retirement benefits to employees. See defined benefit plan, defined contribution plan.

 
 Embedded terms in definition
 Defined benefit plan
Defined contribution plan
 
 Related Terms
 

<< Pension funds Pension sponsors >>

How to Ace Your First Test Managing Real Money in the Real World: As a teen, you're beginning to make some grown-up decisions about how to save and spend your money. That's why learning the right ways to manage money…right from the start…is important. Here are suggestions. More...

Am I not destroying my enemies when I make friends of them? - Abraham Lincoln (1809-1865)

Advertising



Copyright ©2009-2018 GVC. All rights reserved.