old-age pensions
Elderly income support
Old-age pensions are regular payments made to people who have reached retirement age, typically funded by government programs or employer contributions made during working years.
The term emphasizes that these benefits are tied to age rather than disability or other criteria: She relies entirely on her old-age pension.
In American English, Social Security serves this function; in British English, the state pension is the primary form.
- contributionsThings given to help
- savings accountsInterest-bearing bank deposits
- 401(k) plansTax-advantaged workplace savings programs
- MedicareFederal senior health program
- Social SecurityFederal old-age insurance program
annuities · IRAs · taxation · defined benefit · social insurance · redistribution · disability benefits · safety net · tax codes · cost of living · universal basic income · retirement age · fiscal policy · estate planning · welfare programs · public expenditure · investment portfolios · trust funds
- social benefitssocial assistance, disability benefits, unemployment insurance, income support, retirement benefits
old-age pensionschild allowance
Recurring payment for offspring
pocket money · student loans · starting salary · child benefit
old-age pensionswages
Payment for work
salary · earned income · employment income · paycheck · hourly wages
old-age pensionsinheritance
Property received from ancestors
bequest · windfall · lottery winnings · gift · lump sum
pension, older, oldest, olden, ageing, ages, ageless, pensions, pensioner