retirement benefit
Noun
Meaning
a monthly payment made to someone who is retired from work
Source: WordNetSynonyms
pension fund
pension
superannuation
retirement fund
old age pension
retirement check
retirement pension
Hypernyms
Examples
I was a stock broker once. I think there is an absolute place for market investments. But they should never be the basis of one's retirement. They should be an additional piece on top of a basic, secure, guaranteed retirement benefit.
Our government makes the simple promise of a secure retirement to every American who works for many years and contributes to our retirement benefit system.