pension fund
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pension fund
An institution that collects and invests capital from employers and employees in order to later finance employees' occupational retirement pensions.
Der Pensionsfonds investiert das Geld der zukünftigen Rentner in Aktien und Anleihen.
The pension fund invests the money of future retirees in stocks and bonds.
'Pensionsfonds' (pension fund) is made up of 'Pension' (pension/retirement provision), the linking -s, and 'Fonds' (fund; a pool of money for a specific purpose). So it is a fund for retirement provision.
Die Rendite des Pensionsfonds war im letzten Jahr sehr gut.
The pension fund's return was very good last year.
This word belongs to specialist language from the fields of finance, business, and law. It is used less often in everyday life, unless you are specifically talking about your own retirement provision.
In den Wirtschaftsnachrichten wurde über die Stabilität der Pensionsfonds berichtet.
The business news reported on the stability of pension funds.
Typical actions related to a pension fund are that employees and employers 'in den Fonds einzahlen' (pay into the fund), and the fund then 'anlegt' (invests) or 'investiert' (invests) the money.
Mein Arbeitgeber zahlt monatlich einen Betrag in meinen Pensionsfonds ein.
My employer pays an amount into my pension fund every month.
