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What does semiretirement mean?

Looking for the meaning or definition of the word semiretirement? Here's what it means.

Noun
  1. A state of partial retirement, working only part-time or occasionally
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Examples
Since May 2007, he has entered semiretirement and serves as a director of companies.
The CTA is also used as a means of protecting credit held in semiretirement and long-term flextime accounts in the event of insolvency.
A FARMING couple taking semiretirement wanting to help new entrants into the industry have asked agents to find a young farmer to take on part of their farm.
Rudy Lingganay and Riel Cervantes, who were plucked out of semiretirement by the Sorento, each scored 14 points.
National compensation funds between local governments and public agencies, including those for part-time workers and semiretirement systems.
Scully had gone into semiretirement, and looked nervous and worried.

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