Meaning of “pension” - Learner’s Dictionary


noun [ C ] us uk /ˈpenʃən/

B2 money that is paid regularly by the government or a private company to a person who has stopped working because they are old or sick:

a state/private pension
a pension plan/scheme
pensioner noun [ C ] mainly UK

someone who receives a pension

→ See also old-age pension , old-age pensioner

(Definition of “pension” from the Cambridge Learner’s Dictionary © Cambridge University Press)