retirement system

USAGE SUMMARY

The phrase 'retirement system' is correct and usable in written English.
You can use this phrase when referring to a program or plan that provides income and/or benefits to an individual after they end their employment. For example, "The city implemented a new retirement system to ensure that all employees have an adequate income in their later years."

✓ Grammatically correct

News & Media

Academia

Formal & Business

Human-verified examples from authoritative sources

Exact Expressions

36 human-written examples

Employee Retirement System.

The New York Times

"Our retirement system isn't big enough.

The New York Times

§ 838.611 Identifying the retirement system.

Cornell University

§ 838.911 Identifying the retirement system.

Cornell University

§ 404.1077 Individuals under railroad retirement system.

Cornell University

The California teachers' retirement system takes 23.

The Washington Post

Human-verified similar examples from authoritative sources

Similar Expressions

23 human-written examples

Other organizations that asked for the meeting include the California Public Employees Retirement Systemm, the California State Teachers Retirement Systemm, the New York State Common Retirement Fund, the North Carolina Retirement Systems and the Ohio Public Employees Retirement System.

The New York Times

There are two main federal retirement systems, one called the Civil Service Retirement System and the other the Federal Employees Retirement System.

The Washington Post

So were the Los Angeles Fire and Police Pension system, the Indiana Public Retirement System, and the Pennsylvania Public School Employees Retirement Systemm (which kicked in $400 million).

The New York Times

Her father retired as the director of the New York City Teachers Retirement Systemm.

The New York Times

They included the California Public Employees Retirement Systemm, the California State Teachers Retirement Systemm and the New York City Employees Retirement Systemm.

The New York Times

Expert writing Tips

Best practice

When discussing retirement options, clearly specify the type of "retirement system" being referenced (e.g., 401(k), pension, Social Security) to avoid ambiguity.

Common error

Avoid using "retirement system" generically without specifying its nature. Different systems have varied rules and implications, so clarity is crucial.

Linguistic Context

The phrase "retirement system" functions as a noun phrase, typically serving as the subject or object of a sentence. Ludwig shows that it identifies a formal structure or program designed for post-employment income and benefits.

Expression frequency: Common

Frequent in

News & Media

50%

Academia

25%

Formal & Business

25%

Less common in

Science

0%

Encyclopedias

0%

Wiki

0%

Ludwig's WRAP-UP

The phrase "retirement system" is a common and grammatically correct way to refer to a structured plan for providing income and benefits after retirement. Ludwig AI confirms its validity and widespread use across various contexts, including news, academia, and formal business settings. While "retirement system" is a broad term, it's crucial to specify the type of system being discussed for clarity. Alternatives like "pension plan" or "superannuation scheme" can be used depending on the specific nuance you want to convey. Remember to specify the type of system when using it in your writing.

More alternative expressions

Phrases that express similar concepts, ordered by semantic similarity:

Retirement savings plan

Highlights the aspect of saving money specifically for retirement.

Retirement income system

Highlights the system designed to generate income during retirement years.

Retirement fund

Emphasizes the financial pool or investment vehicle used to fund retirement.

Pension plan

Focuses specifically on the financial aspect of retirement, emphasizing the savings and payouts.

Pension arrangements

Focuses on the specific arrangements and provisions made for retirement income.

Superannuation scheme

Commonly used in British English and Australian English, this term refers to a system for setting aside money for retirement.

Employee benefits program

Broader term encompassing all benefits offered to employees, including retirement plans.

Old-age pension

A more traditional term referring to a government-provided pension for the elderly.

Deferred compensation plan

Focuses on delaying a portion of an employee's compensation to be paid out during retirement.

Post-employment benefits

A formal term that encompasses all benefits received after ending employment, including retirement.

FAQs

What is the definition of "retirement system"?

A "retirement system" is a structured plan or program designed to provide income and benefits to individuals after they leave the workforce, typically due to age or disability.

What are some alternatives to "retirement system"?

You can use alternatives like "pension plan", "superannuation scheme", or "retirement fund" depending on the specific context.

How does a 401(k) relate to a "retirement system"?

A 401(k) is a specific type of "retirement savings plan" often offered by employers as part of a broader "retirement system".

What are some common types of "retirement system" in the United States?

Common types of "retirement system" in the United States include Social Security, 401(k) plans, pensions, and individual retirement accounts (IRAs).