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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
The CTA is also used as a means of protecting credit held in semiretirement and long-term flextime accounts in the event of insolvency.
He's a former big-time lawman now in semiretirement as the sheriff of a sleepy Arizona town.
National compensation funds between local governments and public agencies, including those for part-time workers and semiretirement systems.
In 1957, tired of traveling on the concert circuit and beginning to experience insecurity about memorization, Reisenberg went into semiretirement.
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.
Scully had gone into semiretirement, and looked nervous and worried.

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