SIE: Pension Plan

Taken from our Securities Industry Essentials Exam

Definition of the term Pension Plan...

a retirement plan in which an employer contributes into and manages a portfolio of funds to provide a future income stream for its employees, based on the amount contributed and time spent with the company.

Since you're reading about SIE: Pension Plan, you might also be interested in:

Solomon Exam Prep Study Materials for the SIE
Please Enable Javascript
to view this content!