pension scheme
system establishing the operation of retirement pension funds and the rights and obligations of their beneificiaries, usually in a context of a country
en-US/ˈpɛnʃən ˈskim/
en-GB/ˈpɒnsɪɒn ˈskiːm/
system establishing the operation of retirement pension funds and the rights and obligations of their beneificiaries, usually in a context of a country