American Dictionary

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Definition pension in American English

pension noun

[countable] noun
/ˈpenʃ(ə)n/
1

money that someone regularly receives after they have stopped working because of their age, paid either by their company or by the government

Example

an occupational pension (=provided by your employer)

Example

He started drawing his pension last year.

Synonyms and related words
1.1

relating to a pension

Example

a pension fund/plan

Example

It's important to make regular pension contributions.

Synonyms and related words
Definition pension in American English