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    pension
    /ˈpɛnʃn/

    noun

    • 1. a regular payment made by the state to people of or above the official retirement age and to some widows and disabled people: "men can draw a pension from the age of sixty-five" Similar annuitysuperannuationwelfare paymentallowance

    verb

    • 1. dismiss someone from employment, typically because of age or ill health, and pay them a pension: "he was pensioned off from the army after the war"

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