Quantcast
Merriam-Webster Logo
  • Dictionary
  • Thesaurus
  • Scrabble
  • Spanish Central
  • Learner's Dictionary

pension plan

noun

Simple Definition of pension plan

  • : an arrangement made with an employer to pay money to an employee after retirement

Source: Merriam-Webster's Learner's Dictionary

Full Definition of pension plan

  1. :  an arrangement made with an employer to pay money to an employee after retirement

Word by Word Definitions

pensionplay
  1. :  a fixed sum paid regularly to a person:

    :  wage

    :  a gratuity granted (as by a government) as a favor or reward

  1. :  to grant or pay a pension to

    :  to dismiss or retire from service with a pension

planplay
  1. :  a drawing or diagram drawn on a plane: as

    :  a top or horizontal view of an object

    :  a large-scale map of a small area

  1. :  to arrange the parts of :  design

    :  to devise or project the realization or achievement of

    :  to have in mind :  intend


Seen and Heard

What made you want to look up pension plan? Please tell us where you read or heard it (including the quote, if possible).