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]
(..) You're a hero! And everyone is going to get used to it, Including the NTSB. First case scenario: the NTSB lists me as the probable cause. That's immediate retirement, no pension. My life is done. Ok you're scaring me now, Sully. What's going on? The left engine might have still been idle-ing. (..)2016 Sully