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superannuate

su·per·an·nu·ate [ spər ánnyoo àyt ] (past and past participle su·per·an·nu·at·ed, present participle su·per·an·nu·at·ing, 3rd person present singular su·per·an·nu·ates)


verb 
Definition:
 
1. transitive and intransitive verb retire with pension: to become retired with a pension, or retire somebody with a pension

2. transitive verb get rid of something: to reject something or cause something to be rejected because of obsolescence

[Mid-17th century. Back-formation <superannuated]

su·per·an·nu·a·tion [ spər anyoo áysh'n ] noun
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