What does the word pension mean?

Usage examples for pension

  1. As soon as my pension is my own, and Vauvinet is paid off, I will return to you. – Cousin Betty by Honore de Balzac
  2. Lucy knew that her elderly brother understood what it was, but it was not worth troubling her head about, only somehow it made ships go safer, and so he had had a pension given him as a reward. – Little Lucy's Wonderful Globe by Charlotte M. Yonge