Takes the words pension and penalized to form new word meaning one who has had his or her pension reduced or eliminated by the company that they had served during their working life.
Poor mr jones has been pensionalized and is now living on the street due to his former employer taking away his pension after serving them faithfully for 38 years.
by Walter eagle December 18, 2010
Get the Pensionalized mug.Baggy trousers worn by old people. The waist is usually elasticated because the wearer has arthritic fingers incapable of fastening buttons and zips. The decrepit bag-wearer always forgets to wash these repulsive garments which end up smelling like a Paki's toilet on a particularly bad day. Pensioner Pants are very popular with obese, long-past-it security guards who bore you to death with tales of their holidays in South Africa.
Good God! Look at Pork Scotch! What's the old twat wearing now?
They're his Pensioner Pants. Had them since 1973 and never washed them.
They're his Pensioner Pants. Had them since 1973 and never washed them.
by Flappy Dickwad June 3, 2009
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by Pure Evil665 March 16, 2009
Get the Peension mug.by Pure Evil665 March 16, 2009
Get the Peension mug.Dude 1: Are getting back with your Ex or what?
Dude 2: Maybe, i'm getting tired of this pension sex tho.
Dude 2: Maybe, i'm getting tired of this pension sex tho.
by EuroPinseeker October 25, 2012
Get the Pension Sex mug.David: holy fucking bat shit, did Phewsion just join the lobby?
John: you bet your sisters greasy cunt he did, be right back I need to change my underwear
John: you bet your sisters greasy cunt he did, be right back I need to change my underwear
by AnonymousPhewsionFan October 5, 2011
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