Definition of pension scheme
British
:an arrangement made with an employer to pay money to an employee after retirement
What's Trending Now
More Trending Words
pension scheme
noun
Explore M-W
Word by Word Definitions
pension
play
-
: 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
scheme
play
-
: a mathematical or astronomical diagram
-
: a representation of the astrological aspects of the planets at a particular time
-
: a graphic sketch or outline
-
: to form a scheme for
-
: to form plans
See the full definition of scheme
Seen and Heard
What made you want to look up pension scheme? Please tell us where you read or heard it (including the quote, if possible).
