Vocab Bloom Hub

pension plan

/ˈpenʃən plæn/

1 entry

phrase

/ˈpenʃən plæn/B2formalbusiness
  • ruФинансовое соглашение или сберегательная программа, обеспечивающая регулярный доход человеку после выхода на пенсию.

A financial arrangement or savings scheme that provides regular income to a person after they retire from work.

  1. Retirement savings arrangementB2formal

    A financial plan or scheme that provides income to individuals after they retire from work.

    ruПенсионный план

    • She enrolled in a company pension plan to secure her retirement.
    • Many employees contribute a portion of their salary to a pension plan.
    • The government offers tax benefits for those who invest in a pension plan.