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 The administration has identified hundreds of millions of dollars in potential holes in that package, including eroding sales tax receipts, insufficient pension fund contributions and potential cost overruns in Medicaid and other accounts. Keith M. Phaneuf, Hartford Courant, 18 Apr. 2024 Former New York Comptroller Alan Hevesi, who pleaded guilty to receiving a reward for official misconduct -- a class-E felony -- related to a pay-to-play scheme involving New York's pension fund, was sentenced in 2011 to one-to-four years in prison. Peter Charalambous, ABC News, 13 June 2024 Cars were still given as parting gifts for retired employees, and hundreds of thousands of dollars continued to be spent on promotional events and videos — all while membership continued its downward spiral and the union’s pension fund struggled to stay afloat. Judy L. Thomas, Kansas City Star, 29 May 2024 The $496-billion California Public Employees’ Retirement System, or CalPERS, the nation’s largest public pension fund, is considering a vote against Woods, according to the fund’s chief operating investment officer, Michael Cohen. Michael Hiltzik, Los Angeles Times, 14 May 2024 See all Example Sentences for pension fund 

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.

Dictionary Entries Near pension fund

Cite this Entry

“Pension fund.” Merriam-Webster.com Dictionary, Merriam-Webster, https://www.merriam-webster.com/dictionary/pension%20fund. Accessed 17 Jul. 2024.

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