Retirement Fund
/ˈrɪˌtaɪərmənt fʌnd/
Definitions
- (n.) A fund established to accumulate and invest money to provide income to employees upon retirement.
The company contributes monthly to the employees' retirement fund.
- (n.) A legally recognized financial arrangement designed to ensure secure, periodic payments after retirement, often regulated by pension law.
The retirement fund is maintained in compliance with applicable labor and tax regulations.
Forms
- retirement fund
- retirement funds
Related terms
See also
Commentary
Distinguish retirement funds from general savings by their legal structure and regulatory framework ensuring post-retirement benefits.
This glossary is for general informational and educational purposes only. Definitions are jurisdiction-agnostic but reflect terminology and concepts primarily drawn from English and American legal traditions. Nothing herein constitutes legal advice or creates a lawyer-client relationship. Users should consult qualified counsel for advice on specific matters or jurisdictions.