(BrE) (also pension plan AmE, BrE) noun
a system in which you, and usually your employer, pay money regularly into a PENSIONFUND while you are employed. You are then paid a PENSION when you RETIRE.
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This is a English–English dictionary entry.
Sourced from Main Dictionary in Lughet's collection.
Where does this definition of pension scheme come from?
This entry for pension scheme is sourced from Main Dictionary, one of the dictionaries and corpora merged into Lughet.
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Lughet is a free trilingual dictionary covering nearly five million entries across Uyghur, Chinese, and English, drawn from more than ten source dictionaries and corpora.