1. a regular payment made to a person who has retired from work
2. a small hotel or boarding house, especially in Europe

1. to grant a pension to someone
2. to dismiss or force someone to retire

Examples

• She receives a monthly pension from her former employer.
• The company offers a generous pension plan to all employees.
• They stayed at a charming pension in the French countryside.
• The small pension served excellent breakfast each morning.
• The board decided to pension the longtime manager.
• After forty years of service, they pensioned him with full benefits.
• He’s looking forward to collecting his pension next year.