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pension

1 pension /ˈpɛnʃən/ noun
plural pensions
1 pension
/ˈpɛnʃən/
noun
plural pensions
Britannica Dictionary definition of PENSION
[count]
: an amount of money that a company or the government pays to a person who is old or sick and no longer works
2 pension /ˈpɛnʃən/ verb
pensions; pensioned; pensioning
2 pension
/ˈpɛnʃən/
verb
pensions; pensioned; pensioning
Britannica Dictionary definition of PENSION

pension off

[phrasal verb]
pension (someone) off or pension off (someone) chiefly British
: to allow or force (an employee) to leave a job and accept a pension