pension fund

Definitions of pension fund
1

n a fund reserved to pay workers' pensions when they retire from service

Synonyms:
superannuation fund
Type of:
fund, monetary fund
a reserve of money set aside for some purpose

n a financial institution that collects regular contributions from employers to provide retirement income for employees

Type of:
nondepository financial institution
a financial institution that funds their investment activities from the sale of securities or insurance

Sign up, it's free!

Whether you're a student, an educator, or a lifelong learner, Vocabulary.com can put you on the path to systematic vocabulary improvement.