What is pension fund?

  • (noun): A financial institution that collects regular contributions from employers to provide retirement income for employees.
    See also — Additional definitions below

Pension Fund

A pension fund is any plan, fund, or scheme which provides retirement income.

Read more about Pension Fund.

Some articles on pension fund:

Annuity (European Financial Arrangements) - Government Incentives - UK and Republic of Ireland
... Republic of Ireland contributions into pension savings are generally net of income tax (i.e ... retirement income up until the age of 75 can be drawn from the pension fund by using Pension Income Withdrawal commonly known as Income Drawdown ... This is an unsecured pension as opposed to an annuity which is a secured backed pension ...
Largest Pension Funds
... Country Fund Assets US$ (in billions) Inception Origin Approx wealth per citizen/participant Norway Government Pension Fund of Norway $573 1990 Oil ...
Stichting Pensioenfonds ABP
... Stichting Pensioenfonds ABP ("National Civil Pension Fund"), frequently referred to as ABP, is the pension fund for government and education employees in the Netherlands ... billion, 1 EUR=1.29 USD), making it the largest pension fund in the Netherlands and among the three largest pension funds in the world ... Algemeen Burgerlijk Pensioenfonds ("Dutch Civil Servants Pension Fund"), was established in 1922 following the adoption of the superannuation act, which regulated the pensions of civil ...
CRDB Bank - Ownership
... Owning Between 1.0% and 2.0% 10.2 4 Tanzanian Parastatal Pension Fund 10.0 5 Tanzania Public Service Pension Fund 3.3 6 Blakeney General Partners III 2.3 7 Tanzania Local ...
Stichting Pensioenfonds Zorg En Welzijn
... Pensioenfonds Zorg en Welzijn (known as PFZW, formerly PGGM, translation "Pension Fund for Care and Well-Being") is the second largest pension fund in the Netherlands ... was founded in June 1969 through the combination of several smaller Dutch pension funds in the healthcare industry ... In 1970, PGGM assumed responsibility for the pensions of employees throughout the healthcare and social work sectors in the Netherlands ...

More definitions of "pension fund":

  • (noun): A fund reserved to pay workers' pensions when they retire from service.
    Synonyms: superannuation fund

Famous quotes containing the words fund and/or pension:

    School success is not predicted by a child’s fund of facts or a precocious ability to read as much as by emotional and social measures; being self-assured and interested: knowing what kind of behavior is expected and how to rein in the impulse to misbehave; being able to wait, to follow directions, and to turn to teachers for help; and expressing needs while getting along with other children.
    Daniel Goleman (20th century)

    It is a sort of ranger service. Arnold’s expedition is a daily experience with these settlers. They can prove that they were out at almost any time; and I think that all the first generation of them deserve a pension more than any that went to the Mexican war.
    Henry David Thoreau (1817–1862)