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  1. Dictionary
    pen·sion
    /ˈpenSH(ə)n/

    noun

    • 1. a regular payment made during a person's retirement from an investment fund to which that person or their employer has contributed during their working life.

    verb

    • 1. dismiss someone from employment, typically because of age or ill health, and pay them a pension: "he was pensioned off from the army at the end of the war"

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  2. dictionary.cambridge.org › dictionary › englishPENSION | English meaning - Cambridge Dictionary

    comfortable/decent/generous pension They receive a generous pension, typically 75% of last pay drawn. pension plan/scheme Her new job offers a company pension scheme. Any pension contributions you pay into your plan qualify for tax relief. According to the report, CEOs received an average of $1.3 million in pension benefits last year.

  3. www.merriam-webster.com › dictionary › pensionPension Definition & Meaning - Merriam-Webster

    The meaning of PENSION is a fixed sum paid regularly to a person. How to use pension in a sentence.

  4. www.investopedia.com › terms › pWhat Is a Pension? Types of Plans and Taxation - Investopedia

    Aug 7, 2024 · A pension plan is an employee benefit that makes regular payments to the employee in retirement. There are defined-benefit and defined-contribution pension plans.

  5. dictionary.cambridge.org › us › dictionaryPENSION | definition in the Cambridge English Dictionary

    PENSION meaning: 1. an amount of money paid regularly by the government or a private company to a person who does…. Learn more.

  6. www.financestrategists.com › defined-benefit-plan › pensionsWhat Is a Pension? | How It Works, Pros & Cons, Maximizing It

    Aug 10, 2023 · What Is a Pension? A pension plan is a favored kind of retirement plan by employees in which employers commit to paying a defined benefit or fixed amount of money upon retirement. Pension plans are a popular incentive to retain employees because of the perks of getting a steady stream of checks that lasts the length of their retirement.

  7. en.wikipedia.org › wiki › PensionPension - Wikipedia

    A pension (/ ˈpɛnʃən /; from Latin pensiō 'payment') is a fund into which amounts are paid regularly during an individual's working career, and from which periodic payments are made to support the person's retirement from work. A pension may be: a "defined benefit plan", where defined periodic payments are made in retirement.

  8. www.forbes.com › advisor › retirementWhat Is A Pension? – Forbes Advisor

    May 24, 2023 · What Is a Pension? A pension is a benefit that some employers provide to their employees. If an employer offers a pension, they commit to making contributions to fund payments to...

  9. www.vocabulary.com › dictionary › pensionPension - Definition, Meaning & Synonyms | Vocabulary.com

    A pension is a regular payment, usually from a company you worked for, that allows you to survive without working after you retire.

  10. www.collinsdictionary.com › dictionary › englishPENSION definition and meaning | Collins English Dictionary

    A pension is a sum of money which a retired, widowed, or disabled person regularly receives from the state or from a former employer. ...struggling by on a pension. 7 meanings: 1. a regular payment made by the state to people over a certain age to enable them to subsist without having to.... Click for more definitions.

  11. dictionary.cambridge.org › dictionary › learner-englishPENSION | meaning - Cambridge Learner's Dictionary - Cambridge...

    PENSION definition: 1. money that is paid regularly by the government or a private company to a person who has stopped…. Learn more.

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