Retirement pension and Retirement account

Retirement pension noun - A monthly payment made to someone who is retired from work.

Retirement account and retirement pension are semantically related. In some cases you can use "Retirement account" instead a noun phrase "Retirement pension".

Retirement account noun - A plan for setting aside money to be spent after retirement.

Retirement pension and retirement account are semantically related. You can use "Retirement pension" instead a noun phrase "Retirement account".