old-age pension Synonyms
No Synonyms and anytonyms found
old-age pension Meaning
Wordnet
old-age pension (n)
a monthly payment made to someone who is retired from work
old-age pension Sentence Examples
- The old-age pension is a crucial financial support for elderly individuals who have retired from work.
- The government has implemented a comprehensive old-age pension scheme to cater to the needs of senior citizens.
- The old-age pension has played a significant role in reducing poverty among the elderly population.
- Beneficiaries of the old-age pension receive a monthly stipend that helps them meet their basic necessities.
- The old-age pension has enabled many elderly people to live a dignified life in their twilight years.
- The eligibility criteria for the old-age pension vary across countries, but typically include age, income, and work history.
- The old-age pension is often funded through a combination of government contributions, employer contributions, and employee contributions.
- Some countries have introduced a contributory old-age pension system, where individuals contribute throughout their working lives to secure a pension in retirement.
- The old-age pension is an essential component of a comprehensive social safety net for the elderly.
- The old-age pension has contributed to the well-being and financial security of elderly people worldwide.
FAQs About the word old-age pension
a monthly payment made to someone who is retired from work
No synonyms found.
No antonyms found.
The old-age pension is a crucial financial support for elderly individuals who have retired from work.
The government has implemented a comprehensive old-age pension scheme to cater to the needs of senior citizens.
The old-age pension has played a significant role in reducing poverty among the elderly population.
Beneficiaries of the old-age pension receive a monthly stipend that helps them meet their basic necessities.