pension fund

noun

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

Examples of pension fund in a Sentence

Recent Examples on the Web
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The employer contribution rate for firefighters in the pension fund is currently 24%. Laura A. Bischoff, The Enquirer, 4 Dec. 2024 And in recent days, the Culinary Union leading the Vegas strike has criticized the Laborers’ International Union of North America, or LiUNA, which has a Canadian pension fund that serves as majority owner of Virgin Las Vegas. Suhauna Hussain, Los Angeles Times, 28 Nov. 2024 The changes also put more money in the pockets of many teachers by removing a requirement that those eligible for post-retirement health benefits contribute 3% of their pay toward the pension fund. Clara Hendrickson, Detroit Free Press, 26 Sep. 2024 While the previous government’s 2023 Mansion House reforms rightly focus on unlocking pension fund capital for later-stage growth, this effort to boost domestic investment could fail to reach its potential if founders and talent are driven away by punitive tax policies. James McClure, Fortune Europe, 28 Oct. 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 22 Dec. 2024.

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