Definition of Pension

a payment made during a person’s retirement

Examples of Pension in a sentence

I will receive far less pay in my retirement pension plan, but poor health won’t allow me to keep working.  

Paula’s employer matches her pension contributions, and she will live comfortably when she retires.  

Since he’s retired, Tim also draws a social security check that supplements his pension payments.  

The Pension Reform Act protects retirees from employer’s plans that could potentially run out of funds.  

Evelyn’s retirement money pays for her care at the nursing home, but she’s unaware her pension will soon run out.  

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