pension plan

noun

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

Examples of pension plan in a Sentence

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Kodak plans to terminate its retirement pension plan and a company spokesperson told CNBC that the company aims to use money that the company will receive from the settlement to pay off its debts. Laya Neelakandan, CNBC, 14 Aug. 2025 Kodak aims to conjure up cash by ceasing payments for its retirement pension plan. Jordan Valinsky, CNN Money, 12 Aug. 2025 State jobs are known for offering competitive benefits and enrollment in the nation’s largest state public pension plan. Angela Rodriguez, Sacbee.com, 9 Aug. 2025 Retired Trooper Gregory Raftery joined the force in 1996 and retired in 2018 at age 47, racking up more than 21 years of eligible service for the agency’s pension plan, which benefited him to more than $72,000 per year, according to court records. Flint McColgan, Boston Herald, 7 Aug. 2025 See All Example Sentences for pension plan

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“Pension plan.” Merriam-Webster.com Dictionary, Merriam-Webster, https://www.merriam-webster.com/dictionary/pension%20plan. Accessed 10 Sep. 2025.

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