Pension Reversion

Business / Finance / Pension Reversion: Termination of an overfunded defined benefit pension plan and replacement of it with a life insurance company-sponsored fixed annuity plan.

Other Words for Pension

Pension Noun Synonyms: benefit, allowance, annuity, subsistence, superannuation, allotment, old-age pension, social security, golden handshake
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Reversion

Business / Real Estate / Reversion: The right of future possession and use by the grantor of a life estate. MORE

Reversionary Interest

Business / Real Estate / Reversionary Interest: The remnant of an estate that the grantor holds after granting a life estate to another person. MORE

Reversionary Right

Business / Real Estate / Reversionary Right: The return of the rights of possession and quiet enjoyment to the lessor at the expiration of a lease. MORE

Plunger Suspension

Technology / Motorcycle / Plunger Suspension: In the 1930’s the "plunger" motorcycle frame suspension began to replace the rigid frames of earlier bikes. This was designed so the rear axle would move up and down two vertical posts to absorb roa MORE

Pension Sponsors

Business / Finance / Pension Sponsors: Organizations that have established a pension plan. MORE

Pension Plan

Business / Accounting / Pension Plan: A contract between a company and it employees whereby the company agrees to pay benefits to employees after their retirement. MORE

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