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pension

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noun [countable] British English pronunciation: pension /ˈpenʃ(ə)n/ 
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singularpension
pluralpensions
  1. money that someone regularly receives after they have stopped working because of their age, paid either by their company or by the government

    an occupational pension (=provided by your employer)

    draw a pension (=receive it):

    He started drawing his pension last year.

    Thesaurus entry for this meaning of  pensionThesaurus entry for this meaning of pension
    1. a.
      [only before noun] relating to a pension

      a pension fund/plan

      It’s important to make regular pension contributions.

      Thesaurus entry for this meaning of  pensionThesaurus entry for this meaning of pension

This is the British English definition of pension. View American English definition of pension.

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