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pension fund

Other forms: pension funds

Definitions of pension fund
  1. noun
    a fund reserved to pay workers' pensions when they retire from service
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    type of:
    fund, monetary fund
    a reserve of money set aside for some purpose
  2. noun
    a financial institution that collects regular contributions from employers to provide retirement income for employees
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    type of:
    nondepository financial institution
    a financial institution that funds their investment activities from the sale of securities or insurance
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