pension plan
noun
Definition of pension plan
: an arrangement made with an employer to pay money to an employee after retirement
Explore M-W
Word by Word Definitions
pensionplay
: a fixed sum paid regularly to a person:
: wage
: a gratuity granted (as by a government) as a favor or reward
: to grant or pay a pension to
: to dismiss or retire from service with a pension
See the full definition of pension
planplay
: a drawing or diagram drawn on a plane: such as
: a top or horizontal view of an object
: a large-scale map of a small area
: to arrange the parts of : design
: to devise or project the realization or achievement of
: to have in mind : intend
See the full definition of plan
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).
Writing? Check your grammar now!