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superannuation

[soo-per-an-yoo-ey-shuh n]
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noun
  1. the act of superannuating.
  2. the state of being superannuated.
  3. a pension or allowance to a superannuated person.
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Origin of superannuation

First recorded in 1650–60; superannuate + -ion
Dictionary.com Unabridged Based on the Random House Unabridged Dictionary, © Random House, Inc. 2018

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British Dictionary definitions for superannuation

superannuation

noun
    1. the amount deducted regularly from employees' incomes in a contributory pension scheme
    2. the pension finally paid to such employees
  1. the act or process of superannuating or the condition of being superannuated
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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

Word Origin and History for superannuation

n.

1650s, noun of action from superannuate.

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Online Etymology Dictionary, © 2010 Douglas Harper