old-age pension
- noun
- /oʊld eɪdʒ ˈpɛnʃən/
- UK
:
pensión de jubilación
- The government provides a regular old-age pension to help retirees meet their financial needs.
- the basic old-age pension
- old-age pension scheme
- old-age pension system
Examples
-
A means-tested old age pension scheme operates in all Indian states.
Academic text (1998) -
In addition, the monthly payment into the basic old-age pension system is being raised yearly because the government is worried about paying future entitlements.
Academic text (1991) -
In China, there are small old age pensions now for families that have only daughters.
-
Maybe your employer has an old-age pension plan for his employees.
Blog text (28) -
Members of the basic old-age pension plan will continue to receive benefits at age 65.
Academic text (1991) -
The coverage of the old-age pension scheme varies considerably among the states.
Academic text (1998) -
For a majority of American workers in private industry, Social Security entitlements are their only old-age pension.
Academic text (1998) -
Particularly relevant in the present context are old-age pensions and subsidized life insurance, as they provide a modicum of social security to the poor.
Academic text (1998) -
In 1949, all five Scandinavian countries agreed to provide old-age pensions to citizens of other Nordic nations.
Academic text (1998) -
A high percentage of those not covered are women, especially in the category of old-age pensions (Arellano 1989).
Academic text (1999)
Synonyms
517
3.2
A regular payment from the government or a company to a person who has retired to help pay living costs
11
3.4
A regular payment someone gets after they stop working, often from a pension
1
2.7
A regular payment to people who have stopped working, often from the government or an employer
1
3.1
Regular monthly money a person gets after they stop working
1
9.7
Regular payments a retired worker gets from a pension fund
Surface Forms
Morphology
old-age + pension
The meaning is transparently compositional: 'old-age' refers to being elderly and 'pension' to a regular payment, so a learner who knows both constituents can infer it is a regular payment for people of old age/retirees. This noun-compound pattern is common and cross-linguistically parallel (e.g. Spanish 'pensión de vejez', French 'pension de vieillesse'), making the expression predictable for B1 learners.
Etymology
Old-age pension may come from a long-time practice where rulers or employers gave retired soldiers or servants a small regular payment so they could live after they stopped work. The parts old-age (being old) and pension (a steady pay) create the image, so the phrase now means 'a regular payment made by the government or an employer to a person who has retired because of age'.