Definition, synonyms and related words
plural of pension
"The government increased its annual pensions to help retirees cope with rising living costs."
Third-person singular simple present indicative form of pension
"The government pensions retired teachers annually."
In plain English: To pension someone is to give them money after they retire so they can live comfortably without working anymore.
"The bank will not pension you early because your savings are too low to support retirement immediately."