What is another word for retirement pension?
Pronunciation: [ɹɪtˈa͡ɪ͡əmənt pˈɛnʃən] (IPA) 
Retirement pension, also known as a retirement benefit, refers to a regular payment made to an individual when they retire. However, there are various terms used to describe this payment, depending on the location and industry. For instance, in the United States, it's commonly referred to as Social Security benefits whereas in the United Kingdom, it's called a state pension. In Canada, it's typically referred to as a Canada Pension Plan or Old Age Security. Other synonyms for retirement pension include superannuation, annuity, retirement income, and senior pension. Regardless of the terminology used, these payments provide financial security for individuals who have retired from the workforce.
