doubledipper

double-dip

[duhb-uhl-dip]
verb (used without object), double-dipped, double-dipping.
1.
Informal. to earn a salary from one position while collecting a pension from the same employer or organization, especially to be a wage earner on the federal payroll while receiving a military retiree's pension.
adjective
2.
of, pertaining to, or of the nature of a double dip.

Origin:
1960–65

double-dipper, noun
Dictionary.com Unabridged
Based on the Random House Dictionary, © Random House, Inc. 2014.
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