IPA: /ˈpɛnʃəˌnɛri/
KK: /ˈpɛnʃəˌnɛri/
Relating to a pension or a retirement plan.
The pensionary benefits provided by the company are generous for its employees.
A person who receives a pension, typically after retirement, or someone who is employed for a specific task or job.
After many years of service, he became a pensionary and enjoyed his retirement benefits.
Pensionary → It is formed from "pension" (from Latin "pensionem", meaning payment or rent) and the suffix "-ary" (meaning relating to or connected with). The word "pensionary" refers to someone who receives a pension or is related to pensions.
Think of 'pension' as a payment for retirement, and '-ary' means related to. So, a pensionary is someone connected to receiving that payment.