Pension

Pronunciation: /ˈpɛnʃən/

Definitions of pension

noun a regular payment made during a person's retirement from an investment fund to which that person or their employer has contributed during their working life

Example Sentences

A1 My grandmother receives a pension from the government.

A2 After retiring, he started receiving his pension payments.

B1 She contributes a portion of her salary to her pension fund.

B2 The company offers a generous pension plan to its employees.

C1 He decided to retire early and live off his pension for the rest of his life.

C2 The pension scheme was restructured to provide better benefits for retirees.

Examples of pension in a Sentence

formal Many people rely on their pension as their primary source of income during retirement.

informal My dad just started collecting his pension after working for the same company for 30 years.

slang I can't wait to kick back and start cashing in on my pension.

figurative Saving money now is like investing in your future pension.

Grammatical Forms of pension

• past tense: pensioned
• plural: pensions
• comparative: more pensionable
• superlative: most pensionable
• present tense: pensions
• future tense: will pension
• perfect tense: have pensioned
• continuous tense: pensioning
• singular: pension
• positive degree: pensionable
• infinitive: to pension
• gerund: pensioning
• participle: pensioned

Origin and Evolution of pension

First Known Use: 1250 year

Language of Origin: Latin

Story behind the word: The word 'pension' originated from the Latin word 'pensio' which means payment or allowance.

Evolution of the word: Initially, 'pension' referred to a regular payment made during a person's retirement. Over time, the meaning has expanded to include various forms of financial support or benefits provided by an employer or government.