old-age pension

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Definitions from WordNet

Noun old-age pension has 1 sense

old-age pension, retirement pension, retirement check, retirement benefit, retirement fund, superannuation - a monthly payment made to someone who is retired from work
--₁ is a kind of pension

Definitions from the Web

Term: Old-Age Pension

Description:

An old-age pension refers to a government-provided financial benefit or payment system designed to support individuals who have reached retirement age.

Sample Sentences:

Noun:

She received her old-age pension after working diligently for several decades.
The old-age pension helps senior citizens cover their basic living expenses.

Adjective:

She relies on the old-age pension fund for her monthly income.
The government has introduced new policies to strengthen the existing old-age pension scheme.

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