The retirement plan
Example: Retirement plan prepares financial support for life after employment
Definition
"The retirement plan" refers to a structured financial arrangement designed to provide income and support to individuals after they have ended their active employment, ensuring financial security during their retirement years.
Etymology
The phrase "the retirement plan" combines "retirement," originating from the French word 'retirer' meaning 'to withdraw,' and "plan," which comes from the Latin 'planum' meaning 'a flat surface' or 'drawing.' Together, they describe a strategy or scheme devised for the period when one withdraws from work.
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"The retirement plan" appears in the Vocaplus list "English - HR - (A1-C2) - set 1", containing 182 commonly used words.
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