Definition

Relating to a type of pension plan where members do not have to make their own contributions to support it.

Example

The company offers a noncontributory pension plan, meaning employees do not need to pay into it.

Conversation

Did you hear about the new pension plan at work?

Yeah, I did! I heard it's noncontributory, which sounds great.

It really is! I love not having to put in my own money.

Exactly! It makes it so much easier to save for retirement.

Synonyms & Antonyms

Root Explanation

Noncontributory → It is formed from "non-" (meaning not), "con-" (meaning together), and "contributory" (from "contribuere" meaning to give or bring together). The word describes something that does not contribute or is not involved in providing support or assistance.

Memory Tip

Think of 'not' ('non-') contributing 'together' ('con-') to something — that's why noncontributory means not providing any help or support.

Visually Confused Words