Noun: pension fund
- A fund reserved to pay workers' pensions when they retire from service
"The company's pension fund ensures employees have financial security in retirement";
- superannuation fund [Brit]
- A financial institution that collects regular contributions from employers to provide retirement income for employees
"The company's pension fund invested in a diverse portfolio of stocks and bonds"
Derived forms: pension funds
Type of: fund, monetary fund, nondepository financial institution
Encyclopedia: Pension fund