(British also state pension) a regular payment made by the state to people of or above the official retirement age and to some widows and disabled people:men can draw a pension from the age of sixty-five
a regular payment made during a person’s retirement from an investment fund to which that person or their employer has contributed during their working life: [as modifier]:the company pension scheme
chiefly historical a regular payment made to a royal favourite or to an artist or scholar to enable them to carry on work of public interest or value.
ზმნა
Universal
dismiss someone from employment, typically because of age or ill health, and pay them a pension:he was pensioned off from the army after the war
(pension something off) discard something because it is too old or no longer wanted:garden sheds were raided to bring out machines long since pensioned off
