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Vocabulary Entry

pension

|noun • verb
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noun

A sum of money paid regularly to a person, typically after retirement.

Example Sentences

"She receives a monthly pension from her previous employer."

"His pension allows him to travel and enjoy his hobbies."

"Many people rely on their pensions for financial security in old age."

verb

To dismiss or retire someone from a job and provide them with a pension.

Example Sentences

"The company decided to pension off several employees due to downsizing."

"After working for 30 years, they finally pensioned her last month."

"He was pensioned at the age of 65, with a generous retirement package."

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