pension
♦ pen|sion /p'enʃən/ (pensions pensioning pensioned)
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Someone who has a pension receives a regular sum of money from the state or from a former employer because they have retired or because they are widowed or disabled.
...struggling by on a pension.
...a company pension scheme.old age pen|sion (old age pensions)
also old-age pension
[N-COUNT]
An old age pension is a regular amount of money that people receive from the government when they have retired from work. (BRIT; in AM, use social security benefit, social security payment)pen|sion book (pension books)
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In Britain, a pension book is a small book which is given to pensioners by the government. Each week, one page can be exchanged for money at a Post Office.pension off
[PHRASAL VERB] be V-ed P, V n P, also V P n (not pron)
If someone is pensioned off, they are made to retire from work and are given a pension.
Many successful women do not want to be pensioned off at 60...
When his employees were no longer of use to him, he pensioned them off.pen|sion plan (pension plans)
[N-COUNT]
A pension plan is an arrangement to receive a pension from an organization such as an insurance company or a former employer in return for making regular payments to them over a number of years. (BUSINESS)
I would have been much wiser to start my own pension plan when I was younger.pen|sion scheme (pension schemes)
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A pension scheme is the same as a pension plan. (mainly BRIT BUSINESS)
His company has the best pension scheme in the industry.stake|hold|er pen|sion (stakeholder pensions)
[N-COUNT]
In Britain, a stakeholder pension is a flexible pension scheme with low charges. Both employees and the state contribute to the scheme, which is optional, and is in addition to the basic state pension. (BUSINESS)
[N-COUNT]
Someone who has a pension receives a regular sum of money from the state or from a former employer because they have retired or because they are widowed or disabled.
...struggling by on a pension.
...a company pension scheme.old age pen|sion (old age pensions)
also old-age pension
[N-COUNT]
An old age pension is a regular amount of money that people receive from the government when they have retired from work. (BRIT; in AM, use social security benefit, social security payment)pen|sion book (pension books)
[N-COUNT]
In Britain, a pension book is a small book which is given to pensioners by the government. Each week, one page can be exchanged for money at a Post Office.pension off
[PHRASAL VERB] be V-ed P, V n P, also V P n (not pron)
If someone is pensioned off, they are made to retire from work and are given a pension.
Many successful women do not want to be pensioned off at 60...
When his employees were no longer of use to him, he pensioned them off.pen|sion plan (pension plans)
[N-COUNT]
A pension plan is an arrangement to receive a pension from an organization such as an insurance company or a former employer in return for making regular payments to them over a number of years. (BUSINESS)
I would have been much wiser to start my own pension plan when I was younger.pen|sion scheme (pension schemes)
[N-COUNT]
A pension scheme is the same as a pension plan. (mainly BRIT BUSINESS)
His company has the best pension scheme in the industry.stake|hold|er pen|sion (stakeholder pensions)
[N-COUNT]
In Britain, a stakeholder pension is a flexible pension scheme with low charges. Both employees and the state contribute to the scheme, which is optional, and is in addition to the basic state pension. (BUSINESS)