noun. the property of being out of date and not current.
noun. the act of discharging someone because of age (especially to cause someone to retire from service on a pension).
noun. a monthly payment made to someone who is retired from work.
- old-age pension
- retirement fund
- retirement pension
- retirement benefit
Example sentences of the word superannuation
1. Noun, singular or mass
With superannuation, your employer or the government act as your authority: setting aside monies on your behalf, which you may collect once you reach the designated retirement age.