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old-age pension
(redirected from retirement pension)

   Also found in: Dictionary/thesaurus, Hutchinson 0.07 sec.
old-age pension: see pension pension, periodic payments to one who has retired from work because of age or disability. Pensions, originally thought of as charity, are now viewed as an essential part of the social responsibility of employers or of the state.
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; social security social security, government program designed to provide for the basic economic security and welfare of individuals and their dependents. The programs classified under the term social security differ from one country to another, but all are the result of government
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The Canada Pension Plan provides a monthly retirement pension for all Canadian residents who have worked and contributed to CPP after the age of 18 (HRDC, 2001).
First, I needed five years to become eligible for my 25-year retirement pension.
These extra assignments are not figured into our retirement pension formula.
 
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