The bright radio pulsar B1727 - 47 with a characteristic age of 80 kyr is among the first pulsars discovered 50 yr ago .
Using its regular timing observations and interferometric positions at three epochs , we measured , for the first time , the pulsar proper motion of 151 \pm 19 mas yr ^ { -1 } .
At the dispersion measure distance of \ga 2.7 kpc , this would suggest a record transverse velocity of the pulsar \ga 1900 km s ^ { -1 } .
However , a backward extrapolation of the pulsar track to its birth epoch points remarkably close to the center of the evolved nearby supernova remnant RCW 114 , which suggests genuine association of the two objects .
In this case , the pulsar is substantially closer ( \sim 0.6 kpc ) and younger ( \sim 50 kyr ) , and its velocity ( \sim 400 km s ^ { -1 } ) is compatible with the observed pulsar velocity distribution .
We also identified two new glitches of the pulsar .
We discuss implications of our results on the pulsar and remnant properties .