pensions
Pronunciation: [ˈpɛnʃənz]
Word
Context: "finance"
(noun) a regular payment that people receive after they retire from work. It's like money that helps you live when you are older and not working anymore.
Example
My grandfather enjoys his pension every month, which helps him pay for his bills.
Example
Some people worry that they might not receive their pension if the company goes out of business.
Example
What kind of pension plan does your job offer?
Context: "government"
(noun) a payment made by the government to people who are retired or unable to work. It's support from the government to help people who need it.
Example
Many seniors depend on government pensions to cover their living expenses.
Example
Not everyone qualifies for a government pension, which can be very unfair for some individuals.
Example
How do you apply for a government pension?
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