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pensioners slap 

A poor substitute for a shower when cold water is used to pat under the arms, between the legs and on the face.
Did you have a shower this morning? Nah, couldn't be arsed. I just had a pensioners slap.

pension planner

In reference to dating and relationships.It's and older man or woman who may be retired or not and is in a relationship with a younger man or woman who are usually twice or three times the age of the younger man or woman.
Hey Dan is that your mother? No she is my girlfriend.Wow she is a really good looking pension planner!

Pension Leeches 

People hired and paid by an American governmental agency (can be city, state, or federal) to do a service that directly helps people. These people are given a pension, but are mean and angry with people who call on the phone or in person. They hate the job, but love the benefits including the pension. Examples can be found all over any state.
The department of health has the most pension leeches of any agency in New Mexico USA.

pension botherer 

A considerably younger male or female that pesters, harasses and manipulates those of pensionable age for money, sex and use of their free bus pass/mobility badge
I can't get believe those girls who live in the Playboy mansion, they are such a bunch of pension botherers

Peestone  

The nickname for Keystone Light, although cheap it tastes like piss. 30 for $10, you can't go wrong.
Adam: "Dude, my sister stole all my Heineken's!"
Josh: "Fuckin' Adam, I'll go snag some Peestone for us."
Peestone by Jmean October 8, 2007

Pension Deficit Disorder 

When people around you start to retire and you come to the awful realization that, despite a lifetime of working you have no money saved and no plan for your financial future other than work. In other words, the closest thing to retirement in your future is death.
"Honey, we won't be relocating to North Carolina after retirement next year. I've been diagnosed with a pension deficit disorder, and I'll be working until I die instead. Maybe you can relocate after you collect my life insurance payout..."