noun · formal
pension
/ˈpenʃən/PEN·sion
regular payment made to someone after they retire
Examples
“After thirty years with the company, he receives a comfortable pension.”
“Many countries encourage workers to contribute to a private pension scheme.”
“She depends on her pension and small savings to pay the bills.”
Band 8 sentence
“By saving into a private pension scheme throughout her career, she secured financial independence in retirement.”
Collocations
- pension scheme
- receive a pension
- claim a pension
Word family
Common mistakes
receive pension→receive a pension
get pension every month→get a pension every month
work until pension→work until retirement / until you get your pension
Say it for a higher band
5money→6retirement pay→7+pension
Synonyms
retirement pay
superannuation
Easily confused
salary
“Her salary is paid monthly during employment, but her pension only starts at sixty-five.”
Related words
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In Work & Career
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