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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After a multi-year push by labor unions, San Diego County has become the first county in California to implement a controversial pension plan that allows some staff to collect their salaries and pensions at the same time. Lucas Robinson, San Diego Union-Tribune, 14 Jan. 2026 State jobs are known for their competitive benefits and enrollment in the nation’s largest public pension plan. Sacbee.com, 9 Jan. 2026 In the 1870s, American Express established the first corporate pension plan and in the same decade shortly after the Civil War, Macy’s offered free health care to its employees. Stanley S. Litow, New York Daily News, 4 Jan. 2026 This kind of return is catching the eye of CalPERS, the California state pension plan with $500 Billion of assets to manage. Rochelle Witharana, Fortune, 2 Dec. 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 29 Jan. 2026.

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