pension scheme

noun

Definition of pension scheme

British

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

Word by Word Definitions

pensionplay
  1. :  a fixed sum paid regularly to a person:

    :  wage

    :  a gratuity granted (as by a government) as a favor or reward

  1. :  to grant or pay a pension to

    :  to dismiss or retire from service with a pension

schemeplay
  1. :  a mathematical or astronomical diagram

    :  a representation of the astrological aspects of the planets at a particular time

    :  a graphic sketch or outline

  1. :  to form a scheme for

    :  to form plans

    :  plot, intrigue


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