superannuate

/ˌsupərˈænjuˌeɪt/
verb
  1. To retire someone from work because of old age or disability, often with a pension.
    • The company decided to superannuate several long-time employees who had reached the age of 65.
    • After 40 years of service, the factory superannuated the workers with a generous retirement package.
    • The school board voted to superannuate the principal due to her failing health.
  2. To become outdated or obsolete; to be considered too old for use or service.
    • The classic car design never seems to superannuate; it remains stylish decade after decade.
    • Many old computer models superannuate within just a few years as technology advances.
    • Some fashion trends superannuate quickly, while others come back into style.
What does "superannuate" mean? | whatsthatwordmean | whatsthatwordmean