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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Cash used in operating activities was $7.0 million for the nine months ended September 30, 2024, compared to cash provided of $6.1 million in the previous year, primarily due to pension plan termination payments. —

Quartz Bot, Quartz, 14 Nov. 2024 Striking workers are digging in their heels on a revival of their pension plan, which was frozen and closed to new members 10 years ago. —

Jena McGregor, Forbes, 4 Nov. 2024 Keep a record of the name of your union and local number, if union membership was required for participation in the pension plan. —

Susan Tompor, USA TODAY, 3 Nov. 2024 But Boeing did not restore the traditional pension plan that the company insisted members give up 10 years ago, a move that sparked widespread anger at company management among union members, and ratification is far from certain. —

Chris Isidore, CNN, 23 Oct. 2024 See all Example Sentences for pension plan