Pension Noun Synonyms
benefit, allowance, annuity, subsistence, superannuation, allotment, old-age pension, social security, golden handshake
She finds that her pension is not enough to live on.
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Business / Finance / Pension Parachute: A form of poison pill providing that in the event of a hostile takeover attempt, any excess pension plan assets can be used to benefit pension plan participants. This prevents the raiding firm from us MORE
Business / Finance / Pension Reversion: Termination of an overfunded defined benefit pension plan and replacement of it with a life insurance company-sponsored fixed annuity plan. MORE
Business / Finance / Overfunded Pension Plan: A pension plan that has a positive surplus (i.e., assets exceed liabilities). MORE
Business / Finance / Advance Funded Pension Plan: A pension plan in which funds are set aside in advance of the date of retirement. MORE
Business / Finance / Pension Benefit Guaranty Corporation (PBGC): A federal agency that insures the vested benefits of pension plan participants (established in 1974 by the ERISA legislation). MORE
Business / Finance / Noncontributory Pension Plan: A pension plan that is fully paid for by the employer, requiring no employee contributions. MORE