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pension
[ pen-shuhn; French pahn-syawn ]
noun
- a fixed amount, other than wages, paid at regular intervals to a person or to the person's surviving dependents in consideration of past services, age, merit, poverty, injury or loss sustained, etc.:
a retirement pension.
- an allowance, annuity, or subsidy.
- (in France and elsewhere in continental Europe)
- a boardinghouse or small hotel.
- room and board.
verb (used with object)
- to grant or pay a pension to.
- to cause to retire on a pension (usually followed by off ).
pension
1/ pɑ̃sjɔ̃ /
pension
2/ ˈpɛnʃən /
noun
- a regular payment made by the state to people over a certain age to enable them to subsist without having to work
- a regular payment made by an employer to former employees after they retire
- a regular payment made to a retired person as the result of his or her contributions to a personal pension scheme
- any regular payment made on charitable grounds, by way of patronage, or in recognition of merit, service, etc
a pension paid to a disabled soldier
verb
- tr to grant a pension to
pension
- Payments made to a retired person either by the government or by a former employer.
Derived Forms
- ˈpensionable, adjective
- ˈpensionless, adjective
Other Words From
- pension·a·ble adjective
- pension·a·bly adverb
- pension·less adjective
- non·pension·a·ble adjective
- un·pension·a·ble adjective
- un·pensioned adjective
- un·pension·ing adjective
- well-pensioned adjective
Word History and Origins
Word History and Origins
Origin of pension1
Origin of pension2
Example Sentences
She reduced the bank’s headcount to roughly 10,000 by offering thousands of workers extended severance or early pension arrangements and shrank the bank’s physical footprint by closing or merging dozens of brick-and-mortar branch locations.
Sylvie Delacroix and Neil Lawrence, the originators of this bottom-up approach, liken data trusts to pension funds, saying they should be tightly regulated and able to provide different services to designated groups.
Some initially feared that pension funds could suffer losses on a scale similar to the Great Recession, but by year’s end pension funds did not sustain losses on nearly such a scale.
The pension funds of city and county workers took hard hits back when the pandemic struck in March.
The amount of any pension cost increases caused by the pandemic will not be known until later this year, when actuaries for both funds put out their reports and set the contribution rates for 2021.
Young says she ultimately lost her health benefits and pension.
He returned home a pauper without a pension and 50 years later, at 70, chronicled the travails of the War of Independence.
But Raimondo ran a targeted, data-driven campaign that, like the pension reforms, was driven by the facts and not by emotion.
Retirees there were already receiving pension checks half the size of what they had been promised.
The pension fund, the union declared, had fallen victim to “a Wall Street coup.”
The governor of the fortress was provided with a safe residence in Egypt, and an annual pension of 75,000 piasters.
The staff officer replied that a pension of four hundred francs would save them from want in their old age.
A pension encourages earlier retirement from work, quickens promotion, and vitalises the whole service.
Everybody in the pension was studying something; we avoided the American church and consulate and even the Baroness L.
This loyal Irishman afterwards received a pension of four shillings a day.
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