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WordNet
old-age pension

n. a monthly payment made to someone who is retired from work [syn: retirement pension, retirement check, retirement benefit, retirement fund, superannuation]

Usage examples of "old-age pension".

He was fifty-six years old, so he could not have had an old-age pension, but he could well have had a disability pension.

President Smith remained optimistic, or said he did, that an old-age pension bill would finally fight its way through Congress.