Pension | Mean of pension in English Dictionary

/ˈpɛnʃən/

• Noun
• an amount of money that a company or the government pays to a person who is old or sick and no longer works
1. Her pension arrives in the mail every month.
2. collect/receive a pension
3. retired people living on/off their pensions
4. a job with pension benefits [=a job that pays a pension after a number of years of employment]
5. a pension fund [=money that a company invests in order to earn money to pay pensions]
• Verb
• to allow or force (an employee) to leave a job and accept a pension
1. She was pensioned off after 35 years with the company. [=she was forced to retire after 35 years with the company]