Meaning of the word pension-off in English

What does pension-off mean in English? Explore the meaning, pronunciation, and specific usage of this word with Lingoland.

pension-off

US /ˈpen.ʃən/
UK /ˈpen.ʃən/
1.

to make someone leave a job and give them a pension:

Example:
Workers in the company are being pensioned off at 50.
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