pension scheme
noun
British
: an arrangement made with an employer to pay money to an employee after retirement
Examples of pension scheme in a Sentence
Recent Examples on the Web
Among the terms covered by the agreement, which will be afforded to over 25,000 freelance workers in the territory, will be reduced working hours, an industry-wide pension scheme, salary increases and the first regulations on the use of AI.
—
K.j. Yossman, Variety, 15 Oct. 2024
The union also wants the reinstatement of a pension scheme that was abolished in 2008, which is a nonstarter for Boeing.
—Elodie Mazein, Fortune, 15 Oct. 2024
Men, who previously could go onto the pension scheme at 60 years of age will now have to work until 63.
—Milton Ezrati, Forbes, 25 Sep. 2024
That year, officials announced a new rural pension scheme to expand insurance coverage beyond cities, and in mid-2011, China’s government instituted an urban residents pension scheme to ensure universal coverage.
—Baozhen Luo, Foreign Affairs, 20 Apr. 2015
At its current rate, the pension scheme will be insolvent by 2033, meaning that recipients will see an up to 25 percent decrease in their monthly benefits unless something happens.
—Charlotte Kilpatrick, The New Republic, 19 June 2023
Employers must know how much tax to be deducted from the employee salary, how much to pay the government and how much to credit to mandatory savings/pension scheme accounts.
—Raj Maddula, Forbes, 5 May 2023
Despite lacking international recognition, the territory maintains its own border, currency, passports, pension scheme, national anthem and industrial economy, all underpinned by Russian largesse.
—Nabih Bulos, Los Angeles Times, 1 May 2023
One of the largest shareholders in the company, Crystal Amber, criticized De La Rue’s management strategy and urged the board to reduce further contributions to its pension scheme.
—Michelle Cheng, Quartz, 12 Apr. 2023
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K.j. Yossman, Variety, 15 Oct. 2024
The union also wants the reinstatement of a pension scheme that was abolished in 2008, which is a nonstarter for Boeing.
—Elodie Mazein, Fortune, 15 Oct. 2024
Men, who previously could go onto the pension scheme at 60 years of age will now have to work until 63.
—Milton Ezrati, Forbes, 25 Sep. 2024
That year, officials announced a new rural pension scheme to expand insurance coverage beyond cities, and in mid-2011, China’s government instituted an urban residents pension scheme to ensure universal coverage.
—Baozhen Luo, Foreign Affairs, 20 Apr. 2015
At its current rate, the pension scheme will be insolvent by 2033, meaning that recipients will see an up to 25 percent decrease in their monthly benefits unless something happens.
—Charlotte Kilpatrick, The New Republic, 19 June 2023
Employers must know how much tax to be deducted from the employee salary, how much to pay the government and how much to credit to mandatory savings/pension scheme accounts.
—Raj Maddula, Forbes, 5 May 2023
Despite lacking international recognition, the territory maintains its own border, currency, passports, pension scheme, national anthem and industrial economy, all underpinned by Russian largesse.
—Nabih Bulos, Los Angeles Times, 1 May 2023
One of the largest shareholders in the company, Crystal Amber, criticized De La Rue’s management strategy and urged the board to reduce further contributions to its pension scheme.
—Michelle Cheng, Quartz, 12 Apr. 2023
Dictionary Entries Near pension scheme
Cite this Entry
“Pension scheme.” Merriam-Webster.com Dictionary, Merriam-Webster, https://www.merriam-webster.com/dictionary/pension%20scheme. Accessed 31 Dec. 2024.
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