Listen to a Business English Dialogue About Funded pension plan
Arianna: Hi Jeremy, do you know what a “funded pension plan” is?
Jeremy: Hi Arianna, yes, it’s a retirement plan where the employer sets aside funds to meet future pension obligations to employees.
Arianna: That makes sense. So, the funds are invested and managed to ensure there’s enough money to pay out pensions when employees retire?
Jeremy: Exactly, Arianna. It’s a way to ensure financial security for employees after they leave the workforce.
