superannuationsu·per·an·nu·a·tion /ˌsuːpərænjuˈeɪʃən/ noun [uncountableU] British EnglishBrEHUMAN RESOURCES money paid to someone after they have finished their working life or are too ill to continue workingSYN PENSIONFinancing your retirement through superannuation is no longer considered sufficient.
Some authorities operate superannuation funds on behalf of past employees.