Question

Many elderly people live on a monthly allowance, called a __________, that is provided by either a former employer or the government.

A.
grant
B.
pension
C.
reward
D.
scholarship

Please select the best answer from the choices provided

Answer 1

Pension

Hope This Helps

Answer 2

Pension

Step-by-step explanation:

A pension is a fund into which a sum of money is added during an employee's employment years and from which payments are drawn to support the person's retirement from work in the form of periodic payments.

I.e. the term "pensioner" used to describe elderly people.