Die Pensionskasse
Example: Viele Arbeitnehmer zahlen regelmäßig in die Pensionskasse ein.
Definition
"Die Pensionskasse" refers to a pension fund or retirement fund where employees and employers regularly contribute money to provide financial support to the employee after retirement.
Etymology
The word "die Pensionskasse" comes from the German words 'Pension,' meaning retirement or pension, and 'Kasse,' meaning cash box or fund. It literally means 'pension cash box,' reflecting its role as a dedicated fund for retirement benefits.
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"Die Pensionskasse" appears in the Vocaplus list "German - Finance - (A1-C2) - set 1", containing 150 commonly used words.
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the pension fund