pension fund

noun

1. a fund created and maintained, as by a corporation, to provide benefits under a pension plan.

Word History and Origins

Origin of pension fund¹

First recorded in 1865–70

Example Sentences

And though bigger funds can mean bigger rewards, they can also mean bigger risks, with Canadian pension fund the Ontario Municipal Employees Retirement System being the largest investor in troubled Thames Water.

From BBC

Mr Cradduck said although promises about the pension fund had been made by previous governments, this was the first time any money was going to be paid out.

From BBC

It also said it would put aside some of the pension fund profits, in case the fund did not have enough money in it later.

From BBC

Moving most of the city’s law enforcement personnel into the same pension fund, receiving comparable retirement benefits, would also make it easier to shift officers as needed and even potentially merge one or more of the agencies into the LAPD.

From Los Angeles Times

Or you give no upfront relief at all and tax the income going into a pension fund, but you charge no tax on the pension when it comes out.

From BBC