pension plan Meaning in the Cambridge English Dictionary Cambridge dictionaries logo

Meaning of “pension plan” in the English Dictionary

(Definition of pension plan from the Cambridge Advanced Learner’s Dictionary & Thesaurus © Cambridge University Press)

"pension plan" in American English

See all translations

pension plannoun [C]

 us   /ˈpen·ʃɑn ˌplæn/
a ​system of ​investment that ​allows a ​person or ​group to ​receive a pension
(Definition of pension plan from the Cambridge Academic Content Dictionary © Cambridge University Press)

"pension plan" in Business English

See all translations

pension plannoun [C]

uk   us   (also UK pension scheme, US retirement plan)
FINANCE a ​system which ​allowspeople who are ​working to make ​regularpayments from their ​income to ​invest in a ​pension: start/take out a pension plan Some of the ​advice must have ​sunk in, though, as about two ​years ago she took out a ​pensionplan.pay (sth) into/put sth into a pension plan How much should you put into a ​pensionplan to be sure you have ​adequateretirementincome? a company/​personalpensionplan
(Definition of pension plan from the Cambridge Business English Dictionary © Cambridge University Press)
Translations of “pension plan”
in Chinese (Simplified) 退休金(或养老金)计划…
in Chinese (Traditional) 退休金(或養老金)計劃…
What is the pronunciation of pension plan?
Add Cambridge dictionaries to your browser to your website
Word of the Day

procession

a line of people who are all walking or travelling in the same direction, especially in a formal way as part of a religious ceremony or public celebration

Word of the Day

I used to work hard/I’m used to working hard (Phrases with ‘used to’)
I used to work hard/I’m used to working hard (Phrases with ‘used to’)
by Kate Woodford,
February 10, 2016
On this blog, we like to look at words and phrases in the English language that learners often have difficulty with. Two phrases that can be confused are ‘used to do something’ and ‘be used to something/doing something’. People often use one phrase when they mean the other, or they use the wrong

Read More 

farecasting noun
farecasting noun
February 08, 2016
predicting the optimum date to buy a plane ticket, especially on a website or using an app A handful of new and updated websites and apps are trying to perfect the art of what’s known as farecasting – predicting the best date to buy a ticket.

Read More