pension plan / pension scheme

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• pension scheme — variant UK US Main entry: pension plan * * * ˈpension plan [pension plan] (BrE usually ˈpension scheme) (N …   Useful english dictionary

• pension scheme — ➔ scheme * * * pension scheme UK US noun [C] UK ► FINANCE PENSION PLAN(Cf. ↑pension plan): »Financial advisers recommend that people should join their employer s pension scheme if they are eligible …   Financial and business terms

• pension scheme — pension plan UK / US or pension scheme UK / US noun [countable] Word forms pension plan : singular pension plan plural pension plans a system designed to provide people with a pension after they have made regular payments over a long period of… …   English dictionary

• pension scheme — pension schemes N COUNT A pension scheme is the same as a pension plan. [mainly BRIT, BUSINESS] His company has the best pension scheme in the industry …   English dictionary

• pension scheme — n British English a ↑pension plan …   Dictionary of contemporary English

• group personal pension scheme — group personal pension plan/group personal pension scheme (GPPP) An arrangement for the employees of a specific employer to participate in a personal pension scheme on a group basis. A GPPP is effectively a series of individual personal pensions… …   Law dictionary

• pension scheme — noun (C) BrE a pension plan …   Longman dictionary of contemporary English

• Personal pension scheme — A Personal Pension Scheme (PPS), sometimes called a Personal Pension Plan (PPP), is a UK tax privileged individual investment vehicle, with the primary purpose of building a capital sum to provide retirement benefits, although it may also be used …   Wikipedia

• Stakeholder pension scheme — Stakeholder pension schemes were introduced in the UK in 2001 to encourage more long term saving for retirement, particularly among those on low to moderate earnings. They are required to meet a number of conditions set out in legislation,… …   Wikipedia

• personal pension scheme — A scheme to which the employee contributes to provide retirement and/or death benefits. Employers can contribute to personal pension schemes also but are not obliged to do so. A personal pension scheme operates as a money purchase scheme. See… …   Law dictionary

• contributory pension scheme — ➔ scheme * * * contributory pension scheme UK US noun [C] UK (US contributory pension plan) HR, FINANCE ► a type of pension into which both the employer and employee pay money: »Conditions of service are good with a contributory pension scheme,… …   Financial and business terms