Funded Pension Plan

Funded Pension Plan,

Definition of Funded Pension Plan:

  • A really healthy pension program with proper arrangements at the time of payment of benefits.

Literal Meanings of Funded Pension Plan

Funded:

Meanings of Funded:
  1. The amount of savings or money available for a specific purpose.

  2. Pay for a specific purpose.

Sentences of Funded
  1. Created a fund to coordinate economic investment

  2. The World Bank refused to finance the project

Synonyms of Funded

collection, kitty, reserve, pool, purse, finance, pay for, back, capitalize, sponsor, provide capital for, provide finance for, put up the money for, subsidize, underwrite, endow, support, be a patron of, float, maintain

Pension:

Meanings of Pension:
  1. Recurring payments when a person retires from a mutual fund that was donated by an individual or employer during their tenure.

  2. Usually fire someone because of their age or health, and give them a pension.

  3. Pensions in France and other European countries that offer full or partial pensions at a fixed rate.

Sentences of Pension
  1. Regular participation in the pension program is a sure guarantee of old age.

  2. At the end of the war, he retired from the army

  3. Indeed. , It is a beautiful and ordinary Austrian city with many bricks, hotels and restaurants for travelers.

Plan:

Synonyms of Plan

scheme, plan of action, idea, master plan, game plan, proposal, proposition, ploy, suggestion, project, programme, system, method, procedure, strategy, stratagem, formula, recipe, scenario, arrangement, schedule, agenda, intention, aim, intent, objective, object, goal