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/ˈpɛn.ʃən/
Translation
Rente
A regular payment made during a person's retirement from an investment fund to which that person or their employer has contributed.
“She is living on a small state pension.”
Das ist das Geld, das du monatlich bekommst, wenn du alt bist und aufgehört hast zu arbeiten.
To dismiss someone from a job and pay them a pension.
“The company decided to pension him off after forty years of service.”
Das heißt, jemanden offiziell in den Ruhestand zu schicken und ihm ab dann seine Rente zu zahlen.