Pension | Definition
/ˈpenSHən/a monetary | interest | unbanked | currency | altcoins | 529 plan | tax lien | account | expense | economy | bitcoin | 401(k) | lender | wealth | return | grant | asset | check | fafsa | will | wage | fdic | bank | loan | bond | fund | spac | debt | loan | atm | definitionsfund that is used to support an employee's retirement, distributed through periodic payments, and based on the terms of the pension. Employers typically fund pensions during the time the employee is actively working.
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Did You Know
The majority of pension holders today are public or government employees and unionized workers.