Definition of retirement pension in English:
A pension paid by the state to retired people above a certain age.
- Most employees are entitled to the social welfare contributory old age pension and/or the contributory retirement pension from age 66 and 65 respectively.
- Also, the government plans to reward workers who delay taking their state retirement pension with a lump sum of up to £30,000, or a higher pension when they do decide to call it a day.
- Mrs Herbert's only income was the state retirement pension.