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golden handshake (informal) an amount of money or other special incentive offered to an employee as an inducement to retire early.
mothball to retire from use and place into storage. [1/2 definitions]
pension to dismiss or cause to retire with a pension (often fol. by off). [1/4 definitions]
retreat to retire to a shelter or place of seclusion. [1/8 definitions]
retrocede1 to go or move back; recede; retire.
superannuate to allow to retire with a pension because of old age, illness, infirmity, or the like. [1/3 definitions]