pen·sion
pen·sion/ˈpenSH(ə)n/
noun
a regular payment made during a person's retirement from an investment fund to which that person or their employer has contributed during their working life.
verb
dismiss someone from employment, typically because of age or ill health, and pay them a pension.
"he was pensioned off from the army at the end of the war"
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A pension is a fund into which amounts are paid regularly during an individual's working career, and from which periodic payments are made to support the ...
Feb 26, 2021 · Pensions differ in that respect from employee-managed retirement plans (such as 401(k) plans) in which employees choose how much to save and how ...
If you get a pension from a government job or a job worked in a foreign country, your benefit amount may be reduced.
Mar 9, 2024 · A 401(k) and a pension are both employer-sponsored retirement plans that promise tax advantages as well as future financial security.
5 days ago · The meaning of PENSION is a fixed sum paid regularly to a person. How to use pension in a sentence.
May 8, 2024 · VA pension benefits are available to some wartime Veterans and their survivors — find out if you're eligible to apply.
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Pension plans. A pension plan is an employee benefit ... The PBGC also provides a Pension Search Directory to help reunite people with their missing pensions.
Defined-benefit pension plans involve an employer guaranteeing a specific retirement payment if an employee works for a company for a designated amount of time.