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.
to grant or pay a pension to.
to cause to retire on a pension (usually followed by off).
- pen·sion·a·ble, adjective
- pen·sion·a·bly, adverb
- pen·sion·less, adjective
- non·pen·sion·a·ble, adjective
- un·pen·sion·a·ble, adjective
- un·pen·sioned, adjective
- un·pen·sion·ing, adjective
- well-pensioned, adjective
Dictionary.com Unabridged Based on the Random House Unabridged Dictionary, © Random House, Inc. 2023
How to use pension in a sentence
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.She was one of the world’s few female bank CEOs. Now she’s founding a fintech venture group | Claire Zillman, reporter | September 15, 2020 | Fortune
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.The EU is launching a market for personal data. Here’s what that means for privacy. | Amy Nordrum | August 11, 2020 | MIT Technology Review
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.Morning Report: Local Pension Funds Scraped by in the Pandemic | Voice of San Diego | July 24, 2020 | Voice of San Diego
The pension funds of city and county workers took hard hits back when the pandemic struck in March.Morning Report: Local Pension Funds Scraped by in the Pandemic | Voice of San Diego | July 24, 2020 | Voice of San Diego
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.Here’s Where Local Pensions Funds Stand After Losing Billions to the Pandemic | Ashly McGlone | July 24, 2020 | Voice of San Diego
Young says she ultimately lost her health benefits and pension.The Supreme Court Case Uniting Pro-Lifers & Pro-Choicers | Emily Shire | December 3, 2014 | THE DAILY BEAST
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 Every Day Book of History and Chronology | Joel Munsell
The staff officer replied that a pension of four hundred francs would save them from want in their old age.Napoleon's Marshals | R. P. Dunn-Pattison
A pension encourages earlier retirement from work, quickens promotion, and vitalises the whole service.Fifty Years of Railway Life in England, Scotland and Ireland | Joseph Tatlow
Everybody in the pension was studying something; we avoided the American church and consulate and even the Baroness L.Ancestors | Gertrude Atherton
This loyal Irishman afterwards received a pension of four shillings a day.Ireland Under the Tudors, Vol. II (of 3) | Richard Bagwell
British Dictionary definitions for pension (1 of 2)
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
(tr) to grant a pension to
- pensionable, adjective
- pensionless, adjective
British Dictionary definitions for pension (2 of 2)
a relatively cheap boarding house
another name for full board
Collins English Dictionary - Complete & Unabridged 2012 Digital Edition © William Collins Sons & Co. Ltd. 1979, 1986 © HarperCollins Publishers 1998, 2000, 2003, 2005, 2006, 2007, 2009, 2012
Cultural definitions for pension
Payments made to a retired person either by the government or by a former employer.
The New Dictionary of Cultural Literacy, Third Edition Copyright © 2005 by Houghton Mifflin Harcourt Publishing Company. Published by Houghton Mifflin Harcourt Publishing Company. All rights reserved.