pension plan

Questions about pension plan

What does pension plan mean?

pension plan means "a plan for setting aside money to be spent after retirement".

What is another word for pension plan?

Close synonyms include pension account, retirement plan, retirement savings plan, retirement savings account, retirement account. Each sense on this page lists its own synonyms, because a word with several meanings rarely has one substitute that works for all of them.

Is pension plan a common word?

pension plan is banded "Rare" — specialist or archaic — most readers will not have met it. The band comes from how often the word appears in a large corpus of everyday English, not from an editor's impression.