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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But the pension plan covering the retirements of a hodgepodge of workers with the city of Chicago, Chicago Public Schools (nonteaching staff) and the Chicago Housing Authority, among other public bodies, is at the center of a near-comical game of hot potato between city government and CPS. The Editorial Board, Chicago Tribune, 28 Feb. 2025 Briner is also in charge of managing the state's $127 billion pension plan. Zachery Eanes, Axios, 19 Feb. 2025 But John Murphy, a longtime public pension plan consultant who served as the executive director of the New York City Employees’ Retirement System for 15 years, said Lander’s proposal could prove administratively complicated. Chris Sommerfeldt, New York Daily News, 30 Jan. 2025 The 2000 dotcom crash devastated pension plan funding, which has never recovered. U T Readers, San Diego Union-Tribune, 24 Jan. 2025 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 14 Mar. 2025.

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