pensions
n. countablen. regular payments people receive from the government or a company after they stop working because of their age. These payments help you live and pay bills during your retirement.
n. regular payments made during a person's retirement from an investment fund to which that person or their employer has contributed. Often used in the plural to refer to the general system of retirement income.
Many workers worry that their pensions will not be enough for retirement.
The government announced a new policy to increase state pensions in line with the rising cost of living.
Economists argue that the shift from defined-benefit to defined-contribution pensions has transferred the financial risk of market volatility from the employer to the individual employee.
Commonly used in the plural when discussing the general concept or multiple schemes; the singular 'pension' refers to a specific fund or payment.