pension off vs award

pension off is not a noun while award is a noun.

Word	Noun	Adjective	Verb	Adverb
pension off	No	No	Yes	No
award	Yes	No	Yes	No

As verbs, award is a hypernym of pension off; that is, award is a word with a broader meaning than pension off:

Other hypernyms of pension off include grant.

pension off (noun)	award (noun)
	a grant made by a law court
	a tangible symbol signifying approval or distinction
	something given for victory or superiority in a contest or competition or for winning a lottery

pension off (verb)	award (verb)
grant a pension to	give, especially as an honor or reward
let go from employment with an attractive pension	give as judged due or on the basis of merit