Noun: superannuation ,soo-pu(r),a-nyoo'ey-shun
- A monthly payment made to someone who is retired from work
"His superannuation allowed him to maintain his standard of living";
- old-age pension [Brit], retirement pension, retirement check [US], retirement benefit, retirement fund
- The act of discharging someone because of age (especially to cause someone to retire from service on a pension)
"The company's superannuation policy required employees to retire at 65"
- The property of being out of date and not current
"The superannuation of the factory's machinery necessitated a major upgrade";
- obsoleteness
Derived forms: superannuations
Type of: chuck [Brit, informal], discharge, dismissal, dismission [rare], firing, heave-ho [informal], oldness, pension, release, sack, sacking, severance, termination [N. Amer], the axe [informal], the boot [informal], the chop [Brit, informal]
Encyclopedia: Superannuation