pension funds
Nest egg pools
Pension funds are pools of money set aside by employers, unions, or governments to provide retirement income for workers.
The funds invest contributions in stocks, bonds, and other assets to grow over time.
Because of their enormous size, pension funds are major players in financial markets: The pension fund held significant stakes in several tech companies.
Workers may have defined-benefit plans (guaranteed payouts) or defined-contribution plans (payouts depend on investment performance).
- social securityPublic financial protection programs
- mutual fundsCollectively managed securities portfolios
- private equityCapital for unlisted companies
- annuitiesPeriodic fixed payments
- superannuationRetirement savings scheme
savings · portfolio · fiduciary duty · fiduciary responsibility · contributions · stocks · investments · ERISA · bonds · benefits · assets · trustees · retirement · nest egg · defined benefit · endowment · funding · equities
- fundingfunding, grant, loan, grants, venture capital
- finance termsnet profit, gross profit, budget, credit, debt
- investingstocks, stock, bonds, investing, investor
- wealth buildinginvestments, savings, fortune, returns, riches
- assetsproperty, cash, money, investments, bank accounts
- financebank, CFO, banks, controller, finance
pension fundstake-home pay
Earnings after withholdings
salary · active income · paycheck · hourly wages · earned income
fund, pension, pensions, pensioner, pensioned, pensioners, pensioning, pensionable, pension fund