pension fund

noun

: money that a company invests in order to earn money to pay pensions

Examples of pension fund in a Sentence

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The pension fund manages more than $300 million in assets for current and retired firefighters in the Florida city of Hollywood. NBC News, 6 Dec. 2024 But Thompson was among the senior UnitedHealth executives sued in May by a pension fund in Hollywood, Florida, that accused them of selling more than $100 million in company stock before the public revelation of a U.S. Department of Justice antitrust investigation, Reuters reported. Christopher Cann, The Courier-Journal, 5 Dec. 2024 The Ohio Municipal League and Ohio Mayors Alliance pleaded with lawmakers to hit pause on the bill and consider alternatives to shoring up the pension fund finances. Laura A. Bischoff, The Enquirer, 4 Dec. 2024 The round included investments from South Korea’s AFW Partners, Samsung Securities, LG Electronics, Fidelity, and Hyundai Motor, as well as Canada’s export credit agency and a major pension fund in Ontario, according to Bloomberg. Byandrew Nusca, Fortune, 3 Dec. 2024 See all Example Sentences for pension fund 

Dictionary Entries Near pension fund

Cite this Entry

“Pension fund.” Merriam-Webster.com Dictionary, Merriam-Webster, https://www.merriam-webster.com/dictionary/pension%20fund. Accessed 26 Dec. 2024.

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