a fixed amount, other than wages, paid at regular intervals to a person or to the person's surviving dependents in consideration of past services, age, merit, poverty, injury or loss sustained, etc.

a retirement pension.

an allowance, annuity, or subsidy.

(in France and elsewhere in continental Europe)

a boardinghouse or small hotel.

room and board.

to grant or pay a pension to.

to cause to retire on a pension (usually fol. by off ).

noun

allowance , annuity , gift , grant , ira * , payment , premium , retirement account , reward , social security , subsidy , subvention , superannuation , support

verb

superannuate