Longman Dictionary of Contemporary English
Wiktionary
n. A pool of assets forming an independent legal entity that are bought with the contributions to a pension plan for the exclusive purpose of financing pension plan benefits.
WordNet
n. a fund reserved to pay workers' pensions when they retire from service [syn: superannuation fund]
a financial institution that collects regular contributions from employers to provide retirement income for employees
Wikipedia
A pension fund, also known as a superannuation fund in some countries, is any plan, fund, or scheme which provides retirement income. Pension funds typically have large amounts of money to invest and are the major investors in listed and private companies. They are especially important to the stock market where large institutional investors dominate. The largest 300 pension funds collectively hold about $6 trillion in assets. In January 2008, The Economist reported that Morgan Stanley estimates that pension funds worldwide hold over US$20 trillion in assets, the largest for any category of investor ahead of mutual funds, insurance companies, currency reserves, sovereign wealth funds, hedge funds, or private equity.
The (Japanese) Government Pension Investment Fund (GPIF) is the world's largest public pension fund which oversees 139 trillion Yen ($1.24 trillion USD) in assets.
Usage examples of "pension fund".
The partial answer was, he'd borrowed sixty thousand marks on short term at a disturbingly high interest rate, secured with his pension fund and forty thousand marks worth of fleet shares he'd bought with—.
After my retirement papers go through, I'll take all my money out of the pension fund in a lump sum.
Ill cut Sam and the Pension Fund in for 50% of my profits plus my payback and vigorish.
But when Chapman moved on to his greatest passion, the pension fund, he listened intently to his every word.
Then the company got taken over and dissolved, and his dad lost his job, and they found out the pension fund had been looted.
She described the pension fund's offer for the forty-four acres on the outskirts of Grange.
With his twenty-five thousand marks of residue, Ekaterin's four thousand marks, his personal savings, and his meager pension fund, Tien had been placed to pay back only two-thirds of his loan, now due.
Old bank statements, the microscopic balance at the end of each month just about able to keep its head above water before the next monthly lifebelt from the pension fund.
All would probably have been well, had not the chairman of the trustees of the pension fund been a diehard magician and reactionary Albionese nationalist by the name of Merlin.
The regular employees all owe their debts to the pension fund .
Several Teamster bosses sent flowers, as did the retired comptroller of the Central States Pension Fund.
And I'll do it through my own company's pension fund and save a lot on tax.