El fondo de pensiones
Example: Invertir en el fondo de pensiones asegura una jubilación tranquila.
Definition
"El fondo de pensiones" refers to a financial fund that collects and manages contributions from workers and employers to provide income during retirement, ensuring a secure and stable source of funds for individuals after they stop working.
Etymology
The term "el fondo de pensiones" comes from Spanish, where "fondo" means 'fund' or 'pool' and "pensiones" means 'pensions'. It originally referred to pooled resources set aside to pay retirement benefits. The concept has roots in early social security systems designed to support retired workers.
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"El fondo de pensiones" appears in the Vocaplus list "Spanish - Finance - (A1-C2) - set 1", containing 150 commonly used words.
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the pension fund