Meaning of the word "pension fund" in English
What does "pension fund" mean in English? Explore the meaning, pronunciation, and specific usage of this word with Lingoland.
pension fund
US /ˈpen.ʃən ˌfʌnd/
UK /ˈpen.ʃən ˌfʌnd/
Noun
1.
a fund from which pensions are paid, accumulated from contributions from employers, employees, or both
Example:
•
The company contributes to a pension fund for its employees.
•
Many retirees rely on their pension fund for income.
Learn This Word at Lingoland