1. retirement pay: a fixed amount of money paid regularly to somebody during retirement by the government, a former employer, or an insurance company
2. regular sum paid: a sum of money paid regularly as compensation, e.g. for an injury sustained on a job, or as a reward for service, e.g. to an ex-soldier a widow's pension
transitive verb (past and past participlepen·sioned, present participlepen·sion·ing, 3rd person present singularpen·sions)
Definition:
pay somebody pension: to pay a pension to somebody
[14th century. Via French< Latin pension- "payment" < pens-, past participle of pendere "hang"]
pen·sion·ar·y adjective
Word Usage
In the United Kingdom, state pension is provided to men at 65 and women at 60. This is discriminatory but allowed by EC Directive 79/7 Article 7. Similar discrimination in respect of an occupational pension would not be permitted.
