pension fund

Definition

A fund established by an employer to pay retirement benefits to employees. Pension Funds are major institutional investors. See Pension Benefit Guaranty Corporation.

Use pension fund in a sentence

His pension fund was all set up and ready to go, which made him feel very relieved and happy with us.

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One of the benefits of becoming a school teacher is the great pension fund you will have when you retire.

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You need to make sure that you have enough in your pension fund to live the life you want to in retirement.

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manager of managers institutional fund