OLDAGE PENSIONERS Meaning and
Definition
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The term "old-age pensioners" refers to individuals who are typically retired and have reached the later stages of their life, generally beyond the age of 65 years or the legal retirement age set by a specific country or organization. Also referred to as senior citizens, elderly, or retirees, old-age pensioners rely on financial support provided by the government or private pension schemes to sustain their livelihood during their retirement years.
Old-age pensioners are entitled to various benefits and allowances available specifically for senior citizens, such as pensions, social security, healthcare services, and housing provisions. These benefits aim to ensure a decent standard of living for older individuals who may no longer be able to participate in the workforce or face financial constraints due to aging-related factors.
The concept of old-age pensioners acknowledges the contributions made by individuals throughout their working lives and provides them with financial security in return. It allows them to maintain their independence, cover essential expenses, and enjoy a dignified lifestyle during their retirement. Old-age pension schemes vary globally, and their eligibility criteria, payment amounts, and conditions may depend upon factors such as income, employment history, or overall financial stability.
In summary, old-age pensioners are individuals who have retired and are in their later years of life, typically depending on pension schemes and welfare programs to ensure their financial stability and wellbeing during their retirement phase.
Common Misspellings for OLDAGE PENSIONERS
- ildage pensioners
- kldage pensioners
- lldage pensioners
- pldage pensioners
- 0ldage pensioners
- 9ldage pensioners
- okdage pensioners
- opdage pensioners
- oodage pensioners
- olsage pensioners
- olxage pensioners
- olcage pensioners
- olfage pensioners
- olrage pensioners
- oleage pensioners
- oldzge pensioners
- oldsge pensioners
- oldwge pensioners
- oldqge pensioners
Etymology of OLDAGE PENSIONERS
The etymology of the word "old age pensioners" can be broken down as follows:
1. Old: The word "old" originated from the Old English word "eald" which means "aged" or "elderly".
2. Age: The term "age" comes from the Old French word "age" which derived from the Latin word "aetatem" meaning "period of life" or "maturity".
3. Pension: "Pension" is derived from the Old French word "pension" which originally meant "payment" or "contribution". It stems from the Latin word "pensio" meaning "payment" or "tax".
Therefore, the term "old age pensioners" refers to individuals who are elderly and receive a regular payment or financial support from the government or another source, typically after reaching a certain age.
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