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pension
This term carries a strong association with security and the culmination of a professional career. It suggests a social contract between an employee and an employer or the state, evoking a sense of earned stability and a transition from active labor to leisure or rest. In a corporate context, the verb form often carries a colder, more strategic connotation. It implies a calculated move to clear out older, more expensive personnel to make room for younger workers or to cut costs, shifting the meaning from a reward to a tool for removal.
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).