Workplace-run Pension Account Company Pension Plan Corporate Pension Scheme Employer-Provided Pension Plan Employer-Sponsored Pension Plan Work-Based Pension Plan A workplace-run pension account is a retirement savings plan provided and managed by an employer, often involving contributions from both the employer and the employee. These plans can include defined benefit plans, which promise a specified monthly benefit at retirement, and defined contribution plans, which depend on the amount contributed and the performance of the investments. Pension Fund: CalPERS Pension Fund