pension scheme
noun
Definition of pension scheme
British
: an arrangement made with an employer to pay money to an employee after retirement
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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
schemeplay
: 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
: plot, intrigue
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