Definition of personal pension in English:

Share this entry

personal pension

Entry from British & World English dictionary


A pension scheme that is independent of the contributor’s employer.
Example sentences
  • Until stakeholder pensions came along, personal pensions were horrible.
  • I took out a personal pension scheme in a managed fund two years ago and contributed about €8,000 to it.
  • Members of personal pensions and stakeholder schemes can also normally take up to 25% of their fund tax-free.

For editors and proofreaders

Line breaks: per|son¦al pen|sion

Share this entry

What do you find interesting about this word or phrase?

Comments that don't adhere to our Community Guidelines may be moderated or removed.