Group Permanent Plan

Group Permanent Plan,

Group Permanent Plan means,

  1. Group Permanent Plan refers to A type of pension plan in which cash value life insurance is issued collectively and the cash value of each policy is used to pay retirement benefits when the employee retires.

Literal Meanings of Group Permanent Plan

Group:

Meanings of Group:
  1. Find them or put them in one or more groups.

  2. Many people or things are nearby or seen or arranged.

Sentences of Group
  1. Three wooden chairs were gathered around the dining table.

  2. These institutions are divided into four separate groups.

Synonyms of Group

style, family, classification, grouping, assemble, class, bracket, gather together, lot, variety, set, type, category, cluster, breed, species, bunch, amass, mass, genus, collect, batch, clump

Permanent:

Meanings of Permanent:
  1. Permission for hair

  2. Intended to be sustainable or indefinite or unchanged.

Sentences of Permanent
  1. A woman with a permanent home

  2. Permanent ban on dumping radioactive waste into the sea

Synonyms of Permanent

eternal, indestructible, unalterable, irreparable, indissoluble, invariable, abiding, continuing, unending, enduring, endless, imperishable, indelible, unchangeable, undying, irreversible, everlasting, changeless, persistent, perpetual, standing, never-ending, constant, indefinite, unchanging, lifelong

Plan:

Meanings of Plan:
  1. A plan or scheme (to make or create something)

  2. A detailed suggestion for doing or getting something.

  3. An intention or decision about what to do.

  4. A detailed map or outline.

Sentences of Plan
  1. They make gardens.

  2. I have no plans to retire.

Synonyms of Plan

hope, arrangement, aspiration, prepare, arrange, stratagem, objective, make a representation of, make a map of, method, outline, project, concoct, scenario, design, schedule, ambition, shape, formulate, scheme, fix up, build, work out