pension

Definition of "pension"
  1. A retirement benefit offered by some employers, often as part of an employee's compensation package, contributing to a fund for their post-work life
How to use "pension" in a sentence
  1. The company's generous pension plan was a major draw for prospective employees.
  2. His pension, accumulated over years of service, provided financial security in retirement.
  3. She worked for the same organization for 30 years and now lives off her pension.

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