* * *
The company finally agreed to set up a top-up pension scheme for all employees.
Financial and business terms. 2012.
top hat pension — UK US (also top hat pension) noun [C] HR, FINANCE ► an extra pension for the most important executives in a company: »Directors were awarded enhanced top hat pension schemes whilst cutting pension contributions for the workforce … Financial and business terms
top-hat pension — ➔ pension1 … Financial and business terms
top-hat pension — /ˌtɒp hæt penʃən/ noun a special extra pension for senior managers … Dictionary of banking and finance
pension — ▪ I. pension pen‧sion 1 [ˈpenʆn] noun [countable] FINANCE an amount of money paid regularly by a government, company, or financial institution to someone who is officially considered to be too old or too ill to earn money by working; =… … Financial and business terms
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top-up — ˈtop up noun [countable] FINANCE an extra amount added to something in order to bring it up to the level you want: • Your bank may agree to provide the top up needed to make a purchase possible. top up adjective [only before a noun] : • a top up… … Financial and business terms
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