Definitions for "pension plan"
A qualified retirement plan set up by a corporation, labor union, government,...
Program established by an employer, union or other member-based organization to pay benefits to an employee/member upon retirement.
Retirement plan, normally related to an employee's salary, in which the employer contributes periodically to a trust to pay benefits to employees or their beneficiaries after retirement. PEPS (Personal Equity Plans) - These allow investment in a number of shares and carry various tax benefits, including the receipt of dividends without paying income tax on the income and sales free from capital gains tax on the profit.
Keywords:  paycheck, easy, save, comes, directly
an "easy" way to save because the money comes directly out of your paycheck
Keywords:  scheme, term
U.S. term for Pension scheme (q.v.).
Keywords:  automated, vary, process, may
an automated process and results may vary
Keywords:  search, personal
Personal pension Personal search