Last Updated：2025/12/04
(UK, pensions) Describing a pension scheme in which an employer agrees to provide a pension payment or lump sum on retirement that is based on the combination of the employer's and employee's contributions to the scheme over the employee's working life.
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money purchase
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Source Word
money purchase
Adjective
UK
not-comparable
Japanese Meaning
雇用主と従業員の掛金の合計に基づいて、退職時に一定の年金支給額または一時金が提供される年金制度（確定拠出型年金制度）
