These pages keep the core pension vocabulary separate from detailed plan-design terms, making the retirement section easier to navigate.
In this section
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Pension
Retirement-income arrangement that pays benefits from an accumulated plan or formula-based promise, often through employer or public systems.
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Pension Fund
Asset pool set aside to finance promised retirement benefits for workers or beneficiaries.
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Pension Plan
Employer or public retirement arrangement that funds future benefits for workers through contributions, pooled assets, and plan rules.