FT MarketWatch

Pension benefit

A payout from a retirement plan, usually distributed to the employee as an Annuity.

Related Terms: 3 Annuity, Retire, UIT
Other Related Pages: Category: Retirement Starting With: P
Additional Related Terms: 401(k) plan, 403(b) plan, 457 plan, Annuity unit, All or any part, Automatic reinvestment plan, All-risks coverage, Annuity, Action to quiet title, As is