pension off

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pension off

1. To force someone to go into retirement and begin receiving their pension. A noun or pronoun can be used between "pension" and "off." They wanted to pension me off early, but I refused to leave before I turned 70. Anyone who works for the city or state will be automatically pensioned off at 65.
2. To discard or cease to use something due to being old or obsolete. A noun or pronoun can be used between "pension" and "off." The army pensioned trucks like these off in the 1990s, and you can find them for dirt cheap these days if you're willing to invest in repairs. I finally decided to pension off my computer so I could use something a bit more up-to-date for my postgraduate degree.
See also: off

pension someone off

to retire someone with a pension. The company tried to pension me off before I was ready to retire. They pensioned off the long-time workers.
See also: off
References in periodicals archive ?
Using TV, radio and social media adverts, it urges anyone who is contacted about their pension to visit ScamSmart before transferring funds.
I spoke to Michelle Cracknell, the chief executive at The Pensions Advisory Service to ask her why she thought people struggled with pension and retirement issues.
First and foremost, it is critical to accurately ascertain the government's accrued pension liabilities.
There are three main types of pension. The state pension (paid for by the Government), 'occupational' pensions (your pension through work) and private/personal pensions (which do what they say on the tin).
ISLAMABAD -- Supreme Court (SC) has rejected the proposal for providing pension amounting to Rs 5250 to the bank employees.
THE family home used to be the largest asset in any divorce - but today it can often be pension funds.
ISLAMABAD -- The Security and Exchange Commission of Pakistan (SECP) on Thursday released performance report of private pension funds which were introduced in 2007 under the Voluntary Pension System Rules, 2005.
THE State Pension is a regular payment from the government most of us can claim when we reach State Pension age.
On April 6 2016, the new State Pension will be introduced for women born on or after the April 6 1953, and men born on or after April 6 1951.
While government programs such as the Canada Pension Plan, Old Age Security, and the Guaranteed Income Supplement have reduced the level of seniors' poverty over a 40-year period, it is still persistent and ever present.
Korea has a number of systems in place to guarantee that the elderly have a source of income: The National Pension Plan was introduced in 1988, personal pension plans were introduced in 1994, and retirement pension plans were introduced in 2004.
Anyone who is interested in the sustainability of pension benefits provided through a defined benefit pension plan will naturally desire information about the relationship between the present value of the benefits already earned by employees (total pension liability) and the resources accumulated and held in trust to pay those benefits (fiduciary net position).
He explains: "She decided to continue working until she is 65, and has deferred taking her employers' pension to allow it to accumulate.
ENPNewswire-July 31, 2019--DNB-Statistical News Release: Financial position of Dutch pension funds deteriorated in the second quarter of 2019