pension scheme
noun
British
: an arrangement made with an employer to pay money to an employee after retirement
Examples of pension scheme in a Sentence
Recent Examples on the Web
This week, the government published plans to create £25bn pension scheme megafunds, which will be required to invest more in the domestic economy, with scaleups and infrastructure projects among the beneficiaries.
—
Trevor Clawson, Forbes.com, 30 May 2025
At the Universities Superannuation Scheme (USS) — Britain’s biggest private pension scheme — market watchers have been taking a similarly calm stance on elevated gilt yields.
—Chloe Taylor,jenni Reid, CNBC, 29 Jan. 2025
Among the terms covered by the agreement, which will be afforded to over 25,000 freelance workers in the territory, will be reduced working hours, an industry-wide pension scheme, salary increases and the first regulations on the use of AI.
—K.j. Yossman, Variety, 15 Oct. 2024
The union also wants the reinstatement of a pension scheme that was abolished in 2008, which is a nonstarter for Boeing.
—Elodie Mazein, Fortune, 15 Oct. 2024
Men, who previously could go onto the pension scheme at 60 years of age will now have to work until 63.
—Milton Ezrati, Forbes, 25 Sep. 2024
That year, officials announced a new rural pension scheme to expand insurance coverage beyond cities, and in mid-2011, China’s government instituted an urban residents pension scheme to ensure universal coverage.
—Baozhen Luo, Foreign Affairs, 20 Apr. 2015
At its current rate, the pension scheme will be insolvent by 2033, meaning that recipients will see an up to 25 percent decrease in their monthly benefits unless something happens.
—Charlotte Kilpatrick, The New Republic, 19 June 2023
Employers must know how much tax to be deducted from the employee salary, how much to pay the government and how much to credit to mandatory savings/pension scheme accounts.
—Raj Maddula, Forbes, 5 May 2023
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Trevor Clawson, Forbes.com, 30 May 2025
At the Universities Superannuation Scheme (USS) — Britain’s biggest private pension scheme — market watchers have been taking a similarly calm stance on elevated gilt yields.
—Chloe Taylor,jenni Reid, CNBC, 29 Jan. 2025
Among the terms covered by the agreement, which will be afforded to over 25,000 freelance workers in the territory, will be reduced working hours, an industry-wide pension scheme, salary increases and the first regulations on the use of AI.
—K.j. Yossman, Variety, 15 Oct. 2024
The union also wants the reinstatement of a pension scheme that was abolished in 2008, which is a nonstarter for Boeing.
—Elodie Mazein, Fortune, 15 Oct. 2024
Men, who previously could go onto the pension scheme at 60 years of age will now have to work until 63.
—Milton Ezrati, Forbes, 25 Sep. 2024
That year, officials announced a new rural pension scheme to expand insurance coverage beyond cities, and in mid-2011, China’s government instituted an urban residents pension scheme to ensure universal coverage.
—Baozhen Luo, Foreign Affairs, 20 Apr. 2015
At its current rate, the pension scheme will be insolvent by 2033, meaning that recipients will see an up to 25 percent decrease in their monthly benefits unless something happens.
—Charlotte Kilpatrick, The New Republic, 19 June 2023
Employers must know how much tax to be deducted from the employee salary, how much to pay the government and how much to credit to mandatory savings/pension scheme accounts.
—Raj Maddula, Forbes, 5 May 2023
Cite this Entry
“Pension scheme.” Merriam-Webster.com Dictionary, Merriam-Webster, https://www.merriam-webster.com/dictionary/pension%20scheme. Accessed 21 Jul. 2025.
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