the act of superannuating.
the state of being superannuated.
a pension or allowance to a superannuated person.

1650–60; superannuate + -ion Unabridged
Based on the Random House Dictionary, © Random House, Inc. 2014.
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World English Dictionary
superannuation (ˌsuːpərˌænjʊˈeɪʃən)
1.  a.  the amount deducted regularly from employees' incomes in a contributory pension scheme
 b.  the pension finally paid to such employees
2.  the act or process of superannuating or the condition of being superannuated

Collins English Dictionary - Complete & Unabridged 10th Edition
2009 © William Collins Sons & Co. Ltd. 1979, 1986 © HarperCollins
Publishers 1998, 2000, 2003, 2005, 2006, 2007, 2009
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Example sentences
Then he showed me--all the ties were yellowed with superannuation.
Several years ago the system suddenly changed: all new workers had to pay the superannuation tax to a private monetary fund.
Superannuation funds are organized as trusts directed by trustees.
Superannuation funds are responsible for the administration of contributions and benefits and the investment of funds.
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