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

These examples are automatically compiled from online sources to illustrate current usage. Opinions expressed in the examples do not represent those of Merriam-Webster or its editors. Send us feedback about these examples.

Jon Holden, local president of the International Association of Machinists and Aerospace Workers union, said negotiators will attempt to push Boeing more on issues including a 40% wage increase and the reinstatement of a pension plan, according to the Seattle Times. —

Danielle Chemtob, Forbes, 24 Oct. 2024 Loss of pension a ‘sticking point’ Among the major issues for many members was the loss of a traditional pension plan. —

Chris Isidore, CNN, 23 Oct. 2024 The new offer would not restore a traditional pension plan — a key demand of the 33,000 striking workers — but would increase the amount of contributions to 401(k) retirement plans that Boeing would match. —

Staff and Wire Reports, San Antonio Express-News, 21 Oct. 2024 Boeing also doubled to $6,000 the bonus that workers would get if the latest deal is passed, and increased its contribution to a pension plan, which would be run by the company rather than the union. —

Julie Johnsson, Fortune, 23 Sep. 2024 See all Example Sentences for pension plan