pension plan
noun
: an arrangement made with an employer to pay money to an employee after retirement
Examples of pension plan in a Sentence
Recent Examples on the Web
State jobs are known for offering competitive benefits and enrollment in the nation’s largest public pension plan.
—
Brianna Taylor, Sacramento Bee, 8 Mar. 2024
This pension plan change helped IBM’s bottom line and management clearly stated such during their January earnings call.
—Carrie McCabe, Forbes, 23 Feb. 2024
As the first American generation to head into retirement without the safety net of a corporate pension plan, the stakes are higher and the margin for error is lower for Gen X.
—Tiffani Potesta, Fortune, 16 Feb. 2024
The company’s pension plan, introduced in the nineteen-forties, enrolled workers after two years, mandated retirement at sixty-five, and paid, on average, three-quarters of its workers’ retirement costs.
—Michael Waters, The New Yorker, 4 Jan. 2024
Additionally, in this latest round of talks with the producers, the directors union boosted the employer contribution rates to its health and pension plan by 0.5 percent in the second and third years of the contract.
—Katie Kilkenny, The Hollywood Reporter, 25 Jan. 2024
Crawley said the annuity benefit will be available for all permanent employees, including those covered by a pension plan.
—Susan Tompor, Detroit Free Press, 5 Jan. 2024
Now rising interest rates could help thaw the traditional corporate pension plan.
—Telis Demos, WSJ, 3 Nov. 2023
But Roman’s pension plan seems to be steadily invested in; MarketWatch references Securities and Exchange Commission statements that indicate Roman’s pension has increased by $19.3 million over the last couple of years.
—Chloe Berger, Fortune, 13 Jan. 2024
Brianna Taylor, Sacramento Bee, 8 Mar. 2024
This pension plan change helped IBM’s bottom line and management clearly stated such during their January earnings call.
—Carrie McCabe, Forbes, 23 Feb. 2024
As the first American generation to head into retirement without the safety net of a corporate pension plan, the stakes are higher and the margin for error is lower for Gen X.
—Tiffani Potesta, Fortune, 16 Feb. 2024
The company’s pension plan, introduced in the nineteen-forties, enrolled workers after two years, mandated retirement at sixty-five, and paid, on average, three-quarters of its workers’ retirement costs.
—Michael Waters, The New Yorker, 4 Jan. 2024
Additionally, in this latest round of talks with the producers, the directors union boosted the employer contribution rates to its health and pension plan by 0.5 percent in the second and third years of the contract.
—Katie Kilkenny, The Hollywood Reporter, 25 Jan. 2024
Crawley said the annuity benefit will be available for all permanent employees, including those covered by a pension plan.
—Susan Tompor, Detroit Free Press, 5 Jan. 2024
Now rising interest rates could help thaw the traditional corporate pension plan.
—Telis Demos, WSJ, 3 Nov. 2023
But Roman’s pension plan seems to be steadily invested in; MarketWatch references Securities and Exchange Commission statements that indicate Roman’s pension has increased by $19.3 million over the last couple of years.
—Chloe Berger, Fortune, 13 Jan. 2024
These examples are programmatically compiled from various online sources to illustrate current usage of the word 'pension plan.' Any opinions expressed in the examples do not represent those of Merriam-Webster or its editors. Send us feedback about these examples.
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“Pension plan.” Merriam-Webster.com Dictionary, Merriam-Webster, https://www.merriam-webster.com/dictionary/pension%20plan. Accessed 24 Apr. 2024.
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