pension plan

noun

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

Examples of pension plan in a Sentence

Recent Examples on the Web But Roman’s pension plan seems to be steadily invested in; MarketWatch references Securities and Exchange Commission statements that indicate Roman’s pension has increased by $19.3 million over the last couple of years. Chloe Berger, Fortune, 13 Jan. 2024 California created the nation’s only pension plan for retired boxers but has failed to locate and inform eligible boxers, some of whom are destitute, disabled, or both. Ryan Fonseca, Los Angeles Times, 3 Jan. 2024 Editor’s picks Since there’s no hip-hop pension plan to cover his recovery, his family launched a GoFundMe in September. Kory Grow, Rolling Stone, 22 Dec. 2023 In addition, the better systems do not permit pension plan members to access their benefits during their working years. Michael Hiltzik, Los Angeles Times, 27 Oct. 2023 The Ford agreement also returned to a pension plan — rather than just 401(k)-style retirement accounts — for Unifor members hired at Ford in recent years. Chris Isidore, CNN, 10 Oct. 2023 But the union, which is bargaining with all three Detroit automakers in separate talks, has asked for a 40% hourly wage increase across the life of the contract and the return of a cost-of-living adjustment (COLA) and pension plan. Jamie L. Lareau, Detroit Free Press, 7 Sep. 2023 The Writers Guild of America is demanding better pay, residuals for streaming content and higher contributions to the union’s health and pension plan for its members. Emily Zemler, Los Angeles Times, 14 Oct. 2023 The investigation found that the pension plan often fell short. Steve Henson, Los Angeles Times, 11 Oct. 2023 See More

These examples are programmatically compiled from various online sources to illustrate current usage of the word 'pension plan.' 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 plan

Cite this Entry

“Pension plan.” Merriam-Webster.com Dictionary, Merriam-Webster, https://www.merriam-webster.com/dictionary/pension%20plan. Accessed 5 Mar. 2024.

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