pension fund

pension fund

noun
a fund created and maintained, as by a corporation, to provide benefits under a pension plan.

Origin:
1865–70
Dictionary.com Unabridged
Based on the Random House Dictionary, © Random House, Inc. 2012.
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Pension fund is always a great word to know.
So is ninnyhammer. Does it mean:
a fool or simpleton; ninny.
an arrangement of five objects, as trees, in a square or rectangle, one at each corner and one in the middle.
WordNet
pension fund

noun
1. a fund reserved to pay workers' pensions when they retire from service 
2. a financial institution that collects regular contributions from employers to provide retirement income for employees 
WordNet® 3.0, © 2006 by Princeton University.
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