old age pension
From Longman Dictionary of Contemporary EnglishRelated topics: Welfareold age pensionˌold age ˈpension noun [countable, uncountable] British English PEWOLD/NOT YOUNGmoney that is paid regularly by the state to old people who do not work anymore SYN social security American EnglishExamples from the Corpusold age pension• The rise in my old age pension is £2.25 a week.From Longman Business Dictionaryold age pensionˌold age ˈpension informalFINANCE a RETIREMENT PENSION → pension