PENSION.Only AV [Note: Authorized Version.] of 1Es_4:56 (AVm [Note: Authorized Version margin.] portions of land, RV [Note: Revised Version.] lands). This archaism is first found in the Geneva version, and is used in the original sense of payment (Lat. pensio).
Hastings' Dictionary of the Bible
Edited by James Hastings, D.D. Published in 1909
pen?shun (1 Esdras 4:56, the King James Version ?and he commanded to give to all that kept the city pensions and wages?; κλῆρος, klḗros, ?allotted portion,? usually (here certainly) of lands (the Revised Version (British and American) ?lands?)): Literally it means simply ?payment,? and the King James Version seems to have used the word in order to avoid any specialization of klēros. There is no reference to payment for past services. See LOT.
International Standard Bible Encyclopedia
PRINTER 1915.