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

There’s a shortage of growth capital: By Wehmeier’s calculations, the continent has underfunded later-stage start-ups by about $375 billion over the past decade, partly because of a lack of pension fund investment in venture capital.

From New York Times

The Ontario Teachers' Pension Plan, for example, only has 7% of its assets in listed equities, compared with 60% for traditional pension funds.

From BBC

UK public sector pension funds are not big enough to generate good returns for British savers, Chancellor Rachel Reeves has told the BBC.

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

During the election Labour promised to transfer the remaining pension funds back to members.

From BBC