single-employer pensions

Single-employer pensions are retirement plans sponsored and funded by one company for its employees. The employer promises to pay a specified income after retirement, often based on salary and years worked. Funds are contributed by the employer (and sometimes employees), invested over time to grow, ensuring future payouts. These plans provide financial security for employees after they leave the company. If the employer struggles financially, it remains responsible for meeting pension obligations, which can sometimes lead to financial risks for the employer and benefits for employees.