pension fund

noun

: money that a company invests in order to earn money to pay pensions

Examples of pension fund in a Sentence

Recent Examples on the Web Former Marvel Entertainment chief Ike Perlmutter is in his corner, along with the powerful advisory firm Institutional Shareholder Services and the pension fund CalPERS. Oliver Darcy, CNN, 3 Apr. 2024 Trian Partners, Peltz’s asset management firm, said Monday that its candidates have received votes from the nation’s largest public pension fund, the California Public Employees’ Retirement System (CalPERS), and Neuberger Berman, a global asset manager. Bruce Gil, Quartz, 1 Apr. 2024 And by the way, this is what every, every pension fund, almost in the world, does except for Social Security. Nbc Universal, NBC News, 17 Mar. 2024 The pension fund that sued Cook argued that Apple misrepresented its CEO’s actual compensation package by downplaying the value of his equity. Dylan Sloan, Fortune, 8 Feb. 2024 An extra $20 million will put the city on an accelerated payment plan to provide additional stability to the pension fund to pay out benefits. Detroit Free Press, 7 Mar. 2024 The pension fund said the value of its holdings in the indebted landlord had declined 25% in 2023, as a steep jump in interest rates cut hit property valuations and significantly pushed up borrowing costs. Byryan Hogg, Fortune Europe, 4 Mar. 2024 Yet the California Public Employees’ Retirement System, the largest U.S. pension fund, continues to insist that engagement, rather than divestment, is the most effective way to address climate change. Sheila Thorne, The Mercury News, 23 Feb. 2024 The pension fund had invested $71 million in the building. Nicole Goodkind, CNN, 6 Feb. 2024

These examples are programmatically compiled from various online sources to illustrate current usage of the word 'pension fund.' Any opinions expressed in the examples do not represent those of Merriam-Webster or its editors. Send us feedback about these examples.

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Cite this Entry

“Pension fund.” Merriam-Webster.com Dictionary, Merriam-Webster, https://www.merriam-webster.com/dictionary/pension%20fund. Accessed 19 Apr. 2024.

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