Black's Law Dictionary (2nd edition)dictionaries

Pension

A stated allowance out o’ the public treasury granted by government to an individual, or to hls representatlves, for hls valuable services to the country, or in compensation for loss or damage sustain-ed by him In the public service. Price v. Society for Savings, 64 Conn. 362, 30 Atl. 139, 42 Am. St. Rep. 198; Manning v. Spry, 121 Iowa, 191, 96 N. W. 873; Frisbie v. U. S., 157 U. S. 160, 15 Sup. Ct. 586, 39 L. Ed. 657

Source: Black’s Law Dictionary 2nd Ed (1910)