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retirement pension

retirement pension

1 2.7
A regular payment to people who have stopped working, often from the government or an employer
  • noun
  • /rɪˈtaɪərmənt ˈpɛnʃən/
translation icon : pensión de jubilación
  • First, more women are qualifying for retirement pensions due to increases in their participation in the paid labor force.
  • retirement pensions
  • receive his retirement pension

Examples

  • They had jobs that paid a wage that allowed home ownership, health care, education for children, and retirement pensions.

    Blog text (5)
  • The program features three components: a retirement pension; the Thrift Savings Plan (an employee-controlled investment program); and social security.

    Blog text (3)
  • I was just gonna go collect my retirement pension.

    Fiction book (1996)
  • If you wanted to look after your own retirement pension, you could opt out of Social Security.

    Blog text (25)
  • Low-paying jobs not only kept them in poverty, but most often provided no retirement pension.

    Academic text (1991)
  • A company retirement pension of almost $560,000, assuming it earns an average of 5% a year.

    Blog text (14)
  • Private retirement pensions were received by 33 percent of whites, 21 percent of African Americans, and only 16 percent of Hispanics.

    Academic text (1991)
  • Policymakers have to contend with other equally pressing social demands such as the payment of retirement pensions, unemployment benefits, and education services, and therefore must make the most of scarce resources as well as design policies that do not compromise effectiveness.

    Academic text (2017)
  • Many Hispanic employees lack health benefits or retirement pension.

  • I had enough private income from Social Security and my retirement pension from the Writers Guild.

Synonyms

pension
vsretirement pension
517 3.2

A regular payment from the government or a company to a person who has retired to help pay living costs

applies only when someone stops paid work permanently rather than other nonworking reasons
retirement benefit
vsretirement pension
11 3.4

A regular payment someone gets after they stop working, often from a pension

is paid at the formal end of a work career rather than for other purposes
retirement check
vsretirement pension
  • US
1 3.1

Regular monthly money a person gets after they stop working

is the formal term for such payments, not focusing on payment method
superannuation
vsretirement pension
  • UK
1 9.7

Regular payments a retired worker gets from a pension fund

can be paid by government or employer without specifying a fund source
old-age pension
vsretirement pension
  • UK
3.2

A regular payment from the government or an employer to someone who has retired

is the general payment when someone stops work not only for age reasons

How Generous

retirement pension
1 2.7

Surface Forms

Morphology

retirement + pension

The meaning is directly and transparently derived from combining 'retirement' (leaving one's job) with 'pension' (a periodic payment for retired people); a learner who knows both words can infer it refers to the regular payment received after retiring. This is a straightforward compositional collocation common across languages and standard social institutions, so it should be immediately comprehensible to a B1 learner.

Etymology

Retirement pension comes from the idea of paying someone after retirement, when they 'stop work', and pension, meaning a regular money payment. Imagine a worker hanging up their tools and getting a small bag of coins every month, so it means 'a regular payment made to a person who has retired from work'.