top-hat pension

English dictionary entry

Meanings

noun
  1. An unfunded pension maintained by an employer primarily for the purpose of providing deferred compensation for a select group of management or highly compensated employees.

Word forms

top-hat pension top-hat pensions

Etymology

From top-hat + pension.

This entry uses open data from Wiktionary (CC BY-SA/GFDL). Word forms are used for search and are not indexed as separate pages.