Retiring pension

a pension granted to a public officer on his retirement from office or service.

See also: Retiring

References in classic literature ?
His retiring pension and allowances, it is well known, die with him.
The whole ambition of the good man now centred on obtaining the cross of the Legion and his retiring pension.
The House adjourned sine die on December 22nd having passed 23 Bills, among them two Bills relating to Labrador Inuit Land Claims: An Act To Amend The House Of Assembly Accountability, Integrity and Administration Act and An Act To Amend The Members Of The House Of Assembly Retiring Pensions Act.
La Chambre s'est ajournee sine die le 22 decembre apres avoir adopte 23 projets de loi, dont deux relatifs aux revendications territoriales des Inuit du Labrador soit An Act To Amend The House Of Assembly Accountability, Integrity and Administration Act et An Act To Amend The Members Of The House Of Assembly Retiring Pensions Act.