pension

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pension

(1) A regular payment plan intended to provide a person who retired from a job with a secure income for life.
(2) A monthly payment from a pension.
References in periodicals archive ?
Many of my neighbors are elderly legal immigrants, long out of the work force and sometimes pensionless, subsisting on S.S.I.
We ARE worried about unemployment, because it touches all our families, but we are far more anxious about being left penniless and pensionless in our old age because we are busy bringing up the kids while men are piling up the pension contributions.
Those without luck, connections or trust funds face a jobless, houseless, pensionless future.