pension account

NOUN
15 LETTERS · STARTS WITH P

pension account is a valid 15-letter word worth 20 points in Scrabble and 27 points in Words with Friends.

SCRABBLE WORDS WITH FRIENDS
P3E1N1S1I1O1N1A1C3C3O1U1N1T1
3 + 1 + 1 + 1 + 1 + 1 + 1 + 0 + 1 + 3 + 3 + 1 + 1 + 1 + 1 =20 PTS
DOUBLE WORD → 40TRIPLE WORD → 60
MEANING

What does pension account mean?