The term "pension tier" refers to a system where different groups of people receive different levels of benefits or contributions for their pensions. Full definition
Despite strong investment returns and two new pension tiers in less than three years, these rates will likely continue to increase in the near future. (rocklandtimes.com)
Public worker unions are beginning to launch a series of television ads opposing the new, less generous pension tier for future state workers. (nystateofpolitics.com)
He's enrolled in the most generous pension tier system. (nydailynews.com)