Noun: old-age pension
Usage: Brit (N. Amer: retirement pension)
Usage: Brit (N. Amer: retirement pension)
- A monthly payment made to someone who is retired from work
"His old-age pension allowed him to maintain his standard of living";
- retirement pension, retirement check [US], retirement benefit, retirement fund, superannuation
Derived forms: old-age pensions
Type of: pension
Encyclopedia: Old-age pension