El plan de pensiones
Example: El plan de pensiones ofrece seguridad financiera para el futuro.
Definition
"El plan de pensiones" refers to a retirement savings scheme designed to provide financial security after leaving the workforce. It usually involves regular contributions during employment, which accumulate and are paid out as a pension upon retirement, ensuring a steady income in the future.
Etymology
The term "el plan de pensiones" combines the Spanish words 'plan,' meaning a scheme or arrangement, and 'pensiones,' derived from Latin 'pensionem,' meaning payment or allowance. This phrase has evolved to specifically describe organized systems for retirement funding.
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"El plan de pensiones" appears in the Vocaplus list "Spanish - HR - (A1-C2) - set 1", containing 182 commonly used words.
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the pension plan