OLD AGE PENSIONER Meaning and
Definition
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An "old age pensioner" generally refers to an individual who has reached the age at which they are eligible to receive a government pension or retirement income. The term is commonly used in the United Kingdom and some parts of the Commonwealth, including Australia and Canada. It specifically applies to older adults who have ceased working and rely on state-provided financial assistance during their retirement years.
Old age pensioners usually receive a fixed sum of money on a regular basis from the government, which is typically funded through contributions made by workers during their employment. These pension schemes aim to ensure financial security and support individuals in meeting their basic needs in their senior years.
By definition, an old age pensioner is someone who has turned a certain age, as determined by each country's legislation, and has fulfilled the necessary criteria to qualify for the pension. This may involve meeting specific residency requirements or having made sufficient contributions to the pension system during their working lifetime.
The term "old age pensioner" is often used colloquially and can evoke a sense of respect and recognition for the challenges and experiences faced by individuals as they navigate their later years. It underscores the social and economic importance of pensions in promoting dignity, well-being, and financial stability for older adults.
Common Misspellings for OLD AGE PENSIONER
- old-ages pensioner
- old-age pensionner
- old-age pensionar
- oldagepensioner
- old age pensioneers
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