Private pensions refer to retirement savings plans that are individually established by companies or individuals for their employees or themselves. These are separate from government-run pension schemes and are aimed at providing financial security during retirement.
Full definition
Synonyms for individual words can be found below.
«private»
«pensions»
Sentences with «private pensions»
- The party's decision to extend stamp duty to derivatives and bonds will include those saving in private pension funds among the «likely losers», said the institute. (politics.co.uk)
- Many businesses with private pension plans have elected to change their pension plans from a defined benefit plan to a defined contribution plan. (slaw.ca)
- Money must be found for existing pension liabilities at the same time workers will be asked to contribute to a new type of private pension account. (brookings.edu)
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