noun

definition

A retirement benefit fund, an accumulation of regular deductions from one′s wage or salary while employed and similar regular contributions from the employer, usually administered by an independent entity; a pension.

definition

The condition or of being superannuated; old age or obsolescence.

Examples of superannuation in a Sentence

Next year he was appointed captain of the steam reserve at Portsmouth; and after serving three years in that capacity, he remained at Portsmouth as flag-captain to the commander-in-chief until 1886, when he was retired by superannuation before he had attained flag rank.

After his superannuation at the Ecole des Mines he continued to superintend the issue of the detailed maps almost until his death, which occurred at Canon on the 21st of September 1874.

Thus, staff who receive an annual increment should notify their Tax Office each year that their superannuation payments have increased.

Among other statutes conferring powers or imposing duties upon county councils, mention may be made of such acts as those relating to sea fisheries regulation, open spaces, police MisceI superannuation, railway and canal traffic, shop hours, laneous.

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