pension plan

noun

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

Examples of pension plan in a Sentence

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The bills would allow certain employees to drop their membership in a 401K or 401K-type plan and join the State Police Retirement System hybrid pension plan. Elle Meyers, CBS News, 5 Feb. 2026 The high salaries and the pension plan are choking the life out of this city. U T Readers, San Diego Union-Tribune, 17 Jan. 2026 State jobs are known for their competitive benefits and enrollment in the nation’s largest public pension plan. Sacbee.com, 9 Jan. 2026 In the 1870s, American Express established the first corporate pension plan and in the same decade shortly after the Civil War, Macy’s offered free health care to its employees. Stanley S. Litow, New York Daily News, 4 Jan. 2026 See All Example Sentences for pension plan

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“Pension plan.” Merriam-Webster.com Dictionary, Merriam-Webster, https://www.merriam-webster.com/dictionary/pension%20plan. Accessed 11 Feb. 2026.

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