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semiretirement

n. A state of partial retirement, working only part-time or occasionally

Usage examples of "semiretirement".

Tyler to carry the workload while he enjoyed a semiretirement of sorts.

True, the venerable Maximus seemed a little downcast at having been demoted from performer to prop, but he seemed almost grateful for his work having been eased without removing him from the pista, where he could still enjoy attention and applause, so he took his semiretirement graciously enough.