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pension

Definition

  • noun: an amount of money that a company or the government pays to a person who is old or sick and no longer works
  • noun: a fixed sum paid regularly to a person
  • verb: to grant or pay a pension to
  • synonyms: aid, alimony, allotment

Examples

  • She was 'pensioned off' after 35 years with the company. [=she was forced to retire after 35 years with the company]

  • a job with 'pension benefits' [=a job that pays a pension after a number of years of employment]

  • a 'pension fund' [=money that a company invests in order to earn money to pay pensions]

Movie clips

Movie quotes

  • (..) FRANK: So, my-my next question is, when a pilot retires uh, Pan Am sends them a check every single month? Uh, yeah, pension program sends a check and benefits. How much is that check for? Uh, kid, I'm really not in the mood (..)
    2002 Catch Me If You Can