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pension

retirement fund / regular payment
Transitive Verb[C/U] Both
pl: pensionspast: pensionedpp: pensioneding: pensioning

Countable when referring to the specific plan or the individual payment amount (a generous pension). Uncountable when referring to the general system of retirement income (living on pension).

💬Casual Conversation

🎬Tuesday afternoon, David is in a meeting while Jessica is staring at a spreadsheet.
Jessica

HR just flagged the budget. We can't afford to pension off Miller this quarter.

HR just flagged the budget. We can't afford to pension off Miller this quarter.

Jessica
David
David

That's a total bottleneck. We need to pivot and just keep him on.

That's a total bottleneck. We need to pivot and just keep him on.

Meanings

Nounretirement fund

A regular payment made during a person's retirement from an investment fund to which that person or their employer has contributed during their working life.

She is living on a state pension and a small private annuity.

Transitive Verbregular payment
[~ someone]

To pay a pension to someone, often as a means of forcing them to retire from a position.

The company decided to pension off the senior managers to reduce overhead costs.

Phrasal Verbs

pension off

to provide a pension to someone, typically to encourage or force them to retire

The company decided to pension off several senior executives to streamline the management structure.

Related Words

Last Updated: July 6, 2026Report an Error