: to dismiss or retire from service with a pension
pensioned off his faithful old servant
Example Sentences
Noun Her pension arrives in the mail every month. retired people living on their pensions
Recent Examples on the Web
Noun
New York City officials and pension funds had pressured the ISO and banks to adopt this code. Ken Sweet, Chron, 11 Sep. 2022 New York City officials and pension funds had pressured the ISO and banks to adopt this code. Ken Sweet, BostonGlobe.com, 10 Sep. 2022 New York City officials and pension funds had pressured the ISO and banks to adopt this code. Ken Sweet, ajc, 10 Sep. 2022 Two weeks ago, Republican officials in Texas and Florida went a step further, threatening to ban their pension funds from dealing with BlackRock over the firm’s insistence on ESG disclosures. Peter Vanham, Fortune, 9 Sep. 2022 Investors include pension funds and asset managers such as Franklin Resources. Nicole Goodkind, CNN, 7 Sep. 2022 Many public pension funds and endowments that invest in private-equity funds have put pressure on their managers to stop backing producers of fossil fuels and invest more in cleaner sources of energy. Miriam Gottfried, WSJ, 1 Sep. 2022 Labor Secretary Marty Walsh appeared at a union training center on the West Side, ostensibly to promote federal action that’s been taken to ensure pension funds for millions of workers and retirees don’t fail. Jake Sheridan, Chicago Tribune, 25 Aug. 2022 Public pension funds in the U.S., long a prime source of fundraising for many private-equity managers, have struggled this year as equity prices have fallen. Chris Cumming, WSJ, 19 Aug. 2022
Verb
The plans kick in on Nov. 1 and apply to eligible state and local law enforcement, firefighters, emergency response personnel, pensioned retirees, as well as parents, children, or spouses of first responders killed in the line of duty. Edward C. Baig, USA TODAY, 28 Oct. 2019 Nor can pension reform ever solve the deep inequality that lies behind the anger.The Economist, 8 June 2019 The Imperial Beach City Council recently approved a new two-year contract with firefighters that includes 5 percent pay raises, as well as adjustments to time off and pension contributions. David Hernandez, San Diego Union-Tribune, 30 Aug. 2019 So could pension funds, which need returns of 7-8% to keep their promises to future pensioners, and have around 10% of their money stored in such investments, less than sovereign-wealth funds (15%) or endowments (25%).The Economist, 29 June 2019 Probably to help the dangerous situation in the northwest, a local aristocrat, Sir William Brereton managed to have the Abbot’s death sentence cancelled and he and his canons were pensioned off with the closure of Norton Abbey. James Rogers, Fox News, 2 May 2018 The elderly could be pensioned off, the young dispatched to college and those who had jobs sent back to work.The Economist, 28 Mar. 2018 See More
Word History
Etymology
Noun
Middle English, from Anglo-French, from Latin pension-, pensio, from pendere to pay — more at pendant