(A) A retirement fund that is partial compensation in the future for work performed by employees and may contain some portion contributed by employees with a contribution from the employer. (B) A stated and certain allowance granted by the government to an individual, or those who represent him, for valuable services performed by him for the country. The government of the United States has, by general laws, granted pensions to revolutionary soldiers;
Law Dictionary – Alternative Legal Definition
A stated allowance out of the public treasury granted by government to an Individual, or to his representatives, for his valuable services to the country, or in compensation for loss or damage sustained by him in the public service. In English practice. An annual payment made by each member of the inns of court Cowell; Holthouse. Also an assembly of the members of the society of Gray’s Inn, to consult of their affairs. In the civil, Scotch, and Spanish law. A rent; an annual rent Pension of ehnrehes. In English ecclesiastical law. Certain sums of money paid to clergymen in lieu of tithes. A spiritual person may sue in the spiritual court’ for a pension originally granted and confirmed by the ordinary, but, where it is granted by a temporal person to a clerk, he cannot; as, if one grant an annuity to a parson, he must sue for it in the temporal courts. Cro. Eliz. 675. Pension writ. A peremptory order against a member of an inn of court who is in arrear for his pensions, (that is, for his periodical dues,) or for other duties. Cowell.